ickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 2 days agoA conundrumlemmy.worldimagemessage-square255fedilinkarrow-up11.57Karrow-down118
arrow-up11.55Karrow-down1imageA conundrumlemmy.worldickplant@lemmy.world to Lemmy Shitpost@lemmy.world · 2 days agomessage-square255fedilink
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·1 day 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-down1·1 day agoBanks do leverage mortgage debt. Essentially the same process, in turn.
minus-squarenull_dot@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up3·edit-21 day 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?