1155
submitted 11 months ago by Custoslibera@lemmy.world to c/memes@lemmy.ml
you are viewing a single comment's thread
view the rest of the comments
[-] doctorcrimson@lemmy.today 26 points 11 months ago

Most people living paycheck to paycheck don't qualify for a 20 year loan for land and a home even in the case of crappy manufactured homes. Plus, if they ever defaulted, they would lose the home and probably quite a bit of the equity as well, depending on local laws.

this post was submitted on 02 Oct 2023
1155 points (90.4% liked)

Memes

45192 readers
2059 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS