ickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 1 year agoA conundrumlemmy.worldimagemessage-square271linkfedilinkarrow-up11.67Karrow-down118
arrow-up11.65Karrow-down1imageA conundrumlemmy.worldickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 1 year agomessage-square271linkfedilink
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·1 year 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 year agoBanks do leverage mortgage debt. Essentially the same process, in turn.
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·1 year 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?