'America will become a renter nation': Grant Cardone warns the US could see 100-year mortgages — says we might even rent our clothes. How to buy real estate without going deep into debt
finance.yahoo.com
The bestselling author and investor looks into a crystal ball.
  • Socsa
    41·
    1 year ago

    Wait, are we renting or are we having 100 year mortgages?

    • bobs_monkey@lemm.ee
      41·
      1 year ago

      You’ll have to pay a 100 year life mortgage for the opportunity to rent everything. Think of it as a subscription to stay alive in America

      /s

    • proleEnglish
      1·
      1 year ago

      I guess what’s the difference at that point (beyond gaining some equity I guess)? Otherwise, the outcome is the same: paying someone every month to live there, and you’ll never own it because you’ll die before you pay it off.