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0 pointsmissedthecue5y ago0 comments

Most people would be unable to get a mortgage if you were closer to the 49 year mark than not.

0 comments

I wonder if it would work more like Canadian mortgages, that are renewed every five years.

Or maybe like in other countries, the price of housing would decrease to a three year loan instead of thirty.

The raw construction materials that make up your home are worth more than can be afforded in 36 payments, so I doubt that's a likely outcome.

j / k navigate · click thread line to collapse

0 pointsmissedthecue5y ago0 comments

Most people would be unable to get a mortgage if you were closer to the 49 year mark than not.

I wonder if it would work more like Canadian mortgages, that are renewed every five years.

Or maybe like in other countries, the price of housing would decrease to a three year loan instead of thirty.

The raw construction materials that make up your home are worth more than can be afforded in 36 payments, so I doubt that's a likely outcome.

j / k navigate · click thread line to collapse