ickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 1 month agoA conundrumlemmy.worldimagemessage-square273fedilinkarrow-up11.66Karrow-down117
arrow-up11.65Karrow-down1imageA conundrumlemmy.worldickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 1 month agomessage-square273fedilink
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·1 month 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-down1·1 month agoBanks do leverage mortgage debt. Essentially the same process, in turn.
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·edit-21 month 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?