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A comment on Rocket Mortgage to trim 8% of workforce as home-loan market shrinks. Parent comment

Re:Rocket Mortgage to trim 8% of workforce as home-loan mark... by rfoo on Thursday April 28, 2022 @10:47AM (#31193113)
> in China houses are leased for x years (80?)

It's worse. It's the land being leased for 70 years. House usually can't last that long anyway. But not owning the land and no guaranteed usufruct after 70 years is big.

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Re:Rocket Mortgage to trim 8% of workforce as home-loan mark... by neon_electro on Thursday April 28, 2022 @12:55PM (#31194921)
Thank you for teaching me a new word, "usufruct": https://en.wikipedia.org/wiki/Usufruct
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