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A comment on Slack wanted to stay independent, but was unable to compete with tech giants. Parent comment

Re:Slack wanted to stay independent, but was unable to compe... by missedthecue on Friday December 11, 2020 @08:05PM (#25394078)
Most people would be unable to get a mortgage if you were closer to the 49 year mark than not.
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Re:Slack wanted to stay independent, but was unable to compe... by mikem170 on Friday December 11, 2020 @08:40PM (#25394392)
I wonder if it would work more like Canadian mortgages, that are renewed every five years.

Or maybe like in other countries, the price of housing would decrease to a three year loan instead of thirty.

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Re:Slack wanted to stay independent, but was unable to compe... by missedthecue on Friday December 11, 2020 @09:40PM (#25394861)
The raw construction materials that make up your home are worth more than can be afforded in 36 payments, so I doubt that's a likely outcome.
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