ickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 3 days agoA conundrumlemmy.worldimagemessage-square274fedilinkarrow-up11.63Karrow-down118
arrow-up11.61Karrow-down1imageA conundrumlemmy.worldickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 3 days agomessage-square274fedilink
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·3 days ago They need you deposit that down payment cash ASAP so they can lease it to billionaires and crypto exchanges. No, this is patently false and borne of a misunderstanding. Idiocy. When providing a mortgage, how does a bank get money to lease to billionaires and crypto exchanges?
minus-squareZombiFrancis@sh.itjust.workslinkfedilinkarrow-up2arrow-down1·3 days agoBanks do leverage mortgage debt. Essentially the same process, in turn.
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·edit-23 days agoBut how do they lease your deposit to billionaires and crypto exchanges?
No, this is patently false and borne of a misunderstanding. Idiocy.
When providing a mortgage, how does a bank get money to lease to billionaires and crypto exchanges?
Banks do leverage mortgage debt. Essentially the same process, in turn.
But how do they lease your deposit to billionaires and crypto exchanges?