ickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 2 months agoA conundrumlemmy.worldexternal-linkmessage-square273fedilinkarrow-up11.67Karrow-down118
arrow-up11.65Karrow-down1external-linkA conundrumlemmy.worldickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 2 months agomessage-square273fedilink
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·2 months ago They need you deposit that down payment cash ASAP so they can lease it to billionaires and crypto exchanges. No, this is patently false and borne of a misunderstanding. Idiocy. When providing a mortgage, how does a bank get money to lease to billionaires and crypto exchanges?
minus-squareZombiFrancis@sh.itjust.workslinkfedilinkarrow-up2arrow-down1·2 months agoBanks do leverage mortgage debt. Essentially the same process, in turn.
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·edit-22 months agoBut how do they lease your deposit to billionaires and crypto exchanges?
No, this is patently false and borne of a misunderstanding. Idiocy.
When providing a mortgage, how does a bank get money to lease to billionaires and crypto exchanges?
Banks do leverage mortgage debt. Essentially the same process, in turn.
But how do they lease your deposit to billionaires and crypto exchanges?