730

submitted 5 months ago by BonesOfTheMoon@lemmy.world to c/curatedtumblr@sh.itjust.works

39 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] Buddahriffic@lemmy.world 4 points 5 months ago

I mean, I can't say I'm against measures that discourage more people from joining the leech class like that.

That 40% down would also reduce the rate at which established landlords can expand. For 40% down, $1m can finance $2.5m of property. For 20% down, it can finance $5m. For 10% down, it can finance $10m. And that money could be used to bid on more residences or to bid higher on the same number of residences.

this post was submitted on 29 May 2024

730 points (93.0% liked)

Curated Tumblr

3898 readers

13 users here now

For preserving the least toxic and most culturally relevant Tumblr heritage posts.

Image descriptions and plain text captions of written content are expected of all screenshots. Here are some image text extractors (I looked these up quick and will gladly take FOSS recommendations):

-web

-iOS

-android

Please begin copied raw text posts (lacking a screenshot that makes it apparent it is from Tumblr) with:

# This has been reposted here to Lemmy as part of the "Curated Tumblr Project."

I made the icon using multiple creative commons svg resources, the banner is this.

founded 1 year ago

MODERATORS

Apytele@sh.itjust.works