jeffw@lemmy.worldM to News@lemmy.world · 6 months agoZombie 2nd mortgages are coming to life, threatening thousands of Americans' homeswww.npr.orgexternal-linkmessage-square13fedilinkarrow-up1111arrow-down12cross-posted to: housing_bubble_2@lemmy.world
arrow-up1109arrow-down1external-linkZombie 2nd mortgages are coming to life, threatening thousands of Americans' homeswww.npr.orgjeffw@lemmy.worldM to News@lemmy.world · 6 months agomessage-square13fedilinkcross-posted to: housing_bubble_2@lemmy.world
minus-squarenehal3m@sh.itjust.workslinkfedilinkarrow-up71·edit-26 months agoAlso: “An investor deserves to make their money back,” Gordon said. No they fucking don’t, the whole point of that system is to let investors take on the risk to force them to make a decision on what investments are most likely to yield results.
minus-squareTrueStoryBob@lemmy.worldlinkfedilinkarrow-up8·6 months agoYou want a nearly risk free investment, I suggest a high interest bank deposit. No one “deserves” a return on mass mortgage speculation.
Also:
“An investor deserves to make their money back,” Gordon said.
No they fucking don’t, the whole point of that system is to let investors take on the risk to force them to make a decision on what investments are most likely to yield results.
Exactly. It’s a fucking gamble.
You want a nearly risk free investment, I suggest a high interest bank deposit. No one “deserves” a return on mass mortgage speculation.