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30 sats \ 0 replies \ @OT 4h \ on: Rant: If you think 50 year mortgages is debt slavery, you don't understand money econ
It would depend on the interest rates and terms of the 50 years. I hear in the US you can get a fixed rate for 30 years. When interest rates are low like 1-3% thats fine. However if it's a variable interest rate that could be risky IMO.