Everyone with a 30 year mortgage will end up forking over tens of thousands of dollars in interest directly to the bankers. Chances are, you probably don’t know the real numbers. It could be almost half your loan amount, even if your interest rate is only 3%.

The 30-year mortgage isn’t the only road. It’s just the only one the bank shows you at closing. Every client who learns about Credit Line Banking takes a better exit. Same income. Same house. Paid off in 5-7 years. Take the road less traveled.

If you denominate US GDP in gold instead of dollars, the chart is wild.

There is no fallacy more destructive than the idea that prices naturally increase over time. All prices should fall if the economy is more productive. Indefinitely. It is literally only because trillions of dollars are counterfeited from nothing every year, and our time, living standards, home affordability, and critical resources get sucked out of the economy to pay for it that things get more expensive. It is explicitly unnatural and it’s explicitly because we have fake money and a communist central bank at the lowest layer of our economic system.

When FDR passed Socialist inSecurity, the age of 65 was chosen on purpose. Why? Because life expectancy back then was ~62 years. It was designed so that the majority of people would pay into it for 40ish years & get LITTLE TO NOTHING.

You need to be creating generational wealth and finding a piece of land to build a home in the middle of nowhere You need to be doing both

The constant hatred toward boomers is fucking stupid. The real culprit is the Federal Government printing endless money to crush the spending power of the dollar.

Them: “pay $200 extra every month towards your mortgage, pay it off in 12 years” Us: use your HELOC as your primary bank account so every dollar you deposit immediately reduces your balance. Pay $0 extra every month and pay it off in 7 years. Which sounds smarter?

And the real price of that ranch isn’t even $785,000. It’s closer to $1.8 million. A $785,000 mortgage at 6.5% costs you over $1,000,000 in pure interest over 30 years. That extra million goes directly to the bankers. Most buyers never see that number anywhere in the paperwork. Why?

The front-loaded interest schedule that sends most of your first decade of payments straight to the bank costs a lot more than avocado toast. But nobody talks about that part. Easier to just stop eating apparently 🤷🏻 FDR invented the 30yr mortgage to bail out the banks after the Depression, but the boomers and millennials are still pointing fingers at each other

Bootstrap boomers have a lot to say about the cumulative cost of hypothetical avocado toast but nothing to say about paying more in interest than the house even costs. Why is nobody talking about that?

The real price of that ranch isn’t even $785,000. It’s closer to $1.8 million. A $785,000 mortgage at 6.5% costs you over $1,000,000 in pure interest over 30 years. That extra million goes directly to the bankers. Most buyers never see that number anywhere in the paperwork. Why?

Usury was illegal for most of human history because every civilization that tried it watched wealth concentrate at the top while the people doing the actual living and working fell further behind. Property values doubled, tax revenue doubled, and the interest collected on all those appreciated mortgages doubled too. Every party in this equation extracted more except the person actually living in the home. What we’ve built is a system where you never truly own the ground beneath you. You pay the bank for 30 years to buy it, then you pay the state indefinitely to keep it. There used to be lords and serfs. Now there’s: - a central banking system - 30-year amortization schedule And “democracy” is just an illusion to make it feel like we voted for this.

This same argument has been going on for decades because nobody is pointing at the right place. Homeowners of every age have been paying carrying costs on top of 30 years of front-loaded interest. There’s a word for lending money at exploitative rates that extract wealth from borrowers over time. Every major civilization banned it. We stopped calling it usury, and started calling it a mortgage.