Some banks mostly offer fixed-payment variable mortgages which allows homeowners to keep monthly payments the same, but leaves them vulnerable to paying little off the principal, experts say.
Then gov’ts should be forced to jump in and start limiting how many units any single entity should own … because gov’ts are supposed to take care of the people who vote for them, not the businesses that donate to them – in a perfect world anyway.
I always fall back on the fact that humans managed to survive millennia without big business while big business wouldn’t last one day without humans. Ergo we are the most important part of that equation.
Unfortunately, I would expect increases like that to just be tagged onto the eventual selling prices.
Then gov’ts should be forced to jump in and start limiting how many units any single entity should own … because gov’ts are supposed to take care of the people who vote for them, not the businesses that donate to them – in a perfect world anyway.
I always fall back on the fact that humans managed to survive millennia without big business while big business wouldn’t last one day without humans. Ergo we are the most important part of that equation.
Yep, I agree. That sort of limit not related to the value is the right way to deal with it.