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A comment on JPMorgan to spend $1B on rental homes in the US to become a megalandlord. Parent comment

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Re:JPMorgan to spend $1B on rental homes in the US to become... by roflyear on Saturday December 31, 2022 @04:50PM (#34201135)
Then everyone would have to rent.
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Re:JPMorgan to spend $1B on rental homes in the US to become... by throwaway5959 on Sunday January 01, 2023 @03:17AM (#34204616)
Not if prices fell. And they’d save a small fortune in interest over the life of the loan.
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Re:JPMorgan to spend $1B on rental homes in the US to become... by roflyear on Tuesday January 03, 2023 @01:43PM (#34235887)
A fortune? I'll be paying a little more than $100k over the life of my 30y mortgage. I think that is very fair for the amount I borrowed (3x that...)
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Re:JPMorgan to spend $1B on rental homes in the US to become... by throwaway5959 on Tuesday January 03, 2023 @10:45PM (#34241755)
What was the interest rate?
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Re:JPMorgan to spend $1B on rental homes in the US to become... by speakfreely on Saturday December 31, 2022 @06:31PM (#34201838)
> We should bright back 50% down, five year mortgages and cut the rest of the stuff out.

Well, in that case, good luck convincing the majority of the population to adopt a policy that will catastrophically crash their net worth. Government involvement in mortgages is what keeps our society civil at this point.

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