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Topic	why do mortgages exist? Can someone explain them to me
Milkman5 01/08/18 10:44:55 PM #18:	Broseph_Stalin posted... Milkman5 posted... well I was just thinking how banks drive the prices of property up They do not. Milkman5 posted... the moment mortages became mainstream in the united states, the ratio of debt to actual property owned shot up lmao so did the rate of home ownership lmao is that accurate? I looked and home ownership only started to go up after ww2, but mortgages existed before then <cite>Milkman5 posted [p:893682860] in why do mor... [t:76181886]...</cite> <quote><cite>Broseph_Stalin posted...</cite> <quote><cite>Milkman5 posted...</cite> <quote>well I was just thinking how banks drive the prices of property up</quote> They do not. <cite>Milkman5 posted...</cite> <quote>the moment mortages became mainstream in the united states, the ratio of debt to actual property owned shot up lmao</quote> so did the rate of home ownership lmao</quote> is that accurate? I looked and home ownership only started to go up after ww2, but mortgages existed before then</quote> ... Copied to Clipboard!
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