▲ 1640 ▼ A conundrum (lemmy.world) submitted 1 year ago by ickplant@lemmy.world to c/lemmyshitpost@lemmy.world 271 comments fedilink hide all child comments
[–] null_dot@lemmy.dbzer0.com 3 points 1 year ago (1 child) 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? permalink fedilink source parent hideshow 2 child comments replies: [–] ZombiFrancis@sh.itjust.works 1 point 1 year ago (1 child) Banks do leverage mortgage debt. Essentially the same process, in turn. permalink fedilink source parent hideshow 2 child comments replies: [–] null_dot@lemmy.dbzer0.com 3 points 1 year ago* But how do they lease your deposit to billionaires and crypto exchanges? permalink fedilink source parent
[–] ZombiFrancis@sh.itjust.works 1 point 1 year ago (1 child) Banks do leverage mortgage debt. Essentially the same process, in turn. permalink fedilink source parent hideshow 2 child comments replies: [–] null_dot@lemmy.dbzer0.com 3 points 1 year ago* But how do they lease your deposit to billionaires and crypto exchanges? permalink fedilink source parent
[–] null_dot@lemmy.dbzer0.com 3 points 1 year ago* But how do they lease your deposit to billionaires and crypto exchanges? permalink fedilink source parent