(I wasn’t sure if this shitpost should go in c/slop cuz I interpreted as making fun of sigma grindset dipshits, but perhaps they genuinely are one)

yeah, brave to assume the debt won’t be pawned off to some unholy financial conglomerate made out of G*rmans and HKers

<puts on tao te chaching hat>

What if we just had a paramilitary organization embedded within the state that could opportunistically make use of the state’s crisis to make even more money and suppress working class organization?

Same

I think they’re suggesting that somehow the U.S. collapses before the term of that loan is up

But what if the bankers are all killed before you die?

Unless I’m missing something, the only way you make money is if the inflation rate exceeds the interest rate on your mortgage. A 50-year mortgage is not going to have a good interest rate. Also, it is unlikely that your wage is going to match inflation (although it will increase so e due to inflation and maybe if you build a career you’ll have a higher paid job ofc, but that isn’t directly relevant to the post). The only way this makes sense is if there’s a few years of massive massive inflation that beats your 50yr mortgage’s rate, and I you have enough stonks to generate a useful return so you can pay down your loan balance for the inflation kicks in. I suppose you could also refinance at that point as well to a shorter term.

It’s not “120 IQ” it’s the usual financial gaming/hedging/shorting and carries a fair amount of risk. I don’t have much of any faith in the US/western real economy, but I also know “the house always wins”.

The more conservative move (so you don’t have to fret about finances) is:

• Have a lot of money (of course)
• put the money in your retirement stonks (mutual fund etc) targeting a ~5% return and just let it ride
• take a mortgage on a reasonably priced home at the lowest interest rate you can afford
• short terms (15 years) = lower rates (key being that it’s below the 5%) = free money cause your stonks go up faster than your mortgage interest
• if inflation kicks in, you can pay off the debt earlier cause your stonks will go up faster

If you pay it off early?

• use excess funds to fund socialist activities or whatever
• move to a nicer home that you can reasonably afford with equity in your old home, higher wages than when you were younger, and take another low interest short term mortgage

The bet is that there will be hyperinflation soon (and that you won’t have to default on the loan), devaluing the money you’d owe the bank.

I have my doubt though that a 50 year loan would have fixed interest rates rather than being index adjusted or something like that.

$1 million USD now > $1 million USD after

As the borrower you get to have the $1m now, the lender gets the $1m + interest later.

Me neither, and I wouldn’t take financial advice from a twice-stolen shitpost

Also the limiting factor for most people getting a regular mortgage is the down payment and credit check, not the actual monthly payment. Unless you’re rooming with 3 other people (and maybe even then) you’d likely spend less on a mortgage than your rent depending on where you live.

That’s my understanding, based on my current experience with a mortgage.

However, I don’t know what my IQ is so I guess I can’t speak on this.

well the joke here is that society collapses so I think that was priced in