this post was submitted on 02 Oct 2023
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Don't be fooled Billy, it's not really a job, more of a parasitic relationship (lemmy.world)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 7 points 1 year ago

That’s how a mortgage works. But the point is that after those 30 years you have a million dollar asset. That you had your tenants pay for.

For a regular plebs like us that’s not a winning proposition because we can’t have our money tied up for 30 years but for people who don’t need their money liquid, it’s free real estate