LogFAQs > #893684382

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Topic	why do mortgages exist? Can someone explain them to me
Gamer99z 01/08/18 11:08:49 PM #28:	Milkman5 posted... Gamer99z posted... chill02 posted... this has to be a joke topic I'm trying to believe it is, but I don't think it is. SK8T3R215 posted... Lmfao how is this being productive at all? does anyone actually know or are you guys just going to troll? was there really a problem where no one could buy houses before mortgages existed? Many civilizations bought land without mortgages... Do you know how much land, utilities, supplies, labor, etc. cost? Homes have a tangible value that the majority of people don't just have out of pocket. Shit, they average American can't even handle an I expected expense of $500, but even the more well off doesn't usually just have that chunk of change lying around to put up on a home... Like this is legitimately one of the dumbest topics I've ever seen on CE. --- "You need to lay off the peanut-butthurt and u-jelly sandwiches" - NeonOctopus <cite>Gamer99z posted [p:893684382] in why do mor... [t:76181886]...</cite> <quote><cite>Milkman5 posted...</cite> <quote><cite>Gamer99z posted...</cite> <quote> <cite>chill02 posted...</cite> <quote> this has to be a joke topic </quote> I'm trying to believe it is, but I don't think it is.</quote> <cite>SK8T3R215 posted...</cite> <quote> Lmfao</quote> how is this being productive at all? does anyone actually know or are you guys just going to troll? was there really a problem where no one could buy houses before mortgages existed? Many civilizations bought land without mortgages...</quote> Do you know how much land, utilities, supplies, labor, etc. cost? Homes have a tangible value that the majority of people don't just have out of pocket. Shit, they average American can't even handle an I expected expense of $500, but even the more well off doesn't usually just have that chunk of change lying around to put up on a home... Like this is legitimately one of the dumbest topics I've ever seen on CE. --- "You need to lay off the peanut-butthurt and u-jelly sandwiches" - NeonOctopus</quote> ... Copied to Clipboard!
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