If you can't qualify for a home until you're 30, then you have to take out a 40-50 year mortgage...that puts your (best case scenario) retirement age at 70-80 years old.
By that age it's physically difficult for you to maintain the property, so you'll probably have to sell/downsize before then anyways.
Nice how they set up a life of debt servitude for us.
If you can't qualify for a home until you're 30, then you have to take out a 40-50 year mortgage...that puts your (best case scenario) retirement age at 70-80 years old.
By that age it's physically difficult for you to maintain the property, so you'll probably have to sell/downsize before then anyways.
Nice how they set up a life of debt servitude for us.
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