Comment on A conundrum
null_dot@lemmy.dbzer0.com 1 day agoThey 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?
ZombiFrancis@sh.itjust.works 1 day ago
Banks do leverage mortgage debt. Essentially the same process, in turn.
null_dot@lemmy.dbzer0.com 1 day ago
So why do they need your deposit in order to lease it to billionaires and crypto exchanges?