WeWork founder remains a billionaire even with firm’s bankruptcy | The Straits Times - eviltoast
  • halowpeano@lemmy.world
    link
    fedilink
    arrow-up
    5
    ·
    1 year ago

    You’re still thinking within the current broken system. The only reason the bank can seize everything unfairly no matter how much had been repaid is because the laws allow it.

    • bionicjoey@lemmy.ca
      link
      fedilink
      arrow-up
      1
      arrow-down
      1
      ·
      edit-2
      1 year ago

      Even if you ignore foreclosure, mortgaging still is often more expensive than renting on average in the short term. Because part of what you’re paying for in a mortgage is the fact that it has a finite length.