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0 pointshervature4y ago0 comments

Mortgages are 70% of debt in the US. It is like saying I got perfect on a test except for the 70% I got wrong.

0 comments

Not really. Mortgages are secured against the property, and attract low interest rates compared to unsecured debt like a credit card.

scbrg4y ago

That's interesting. Mortgages are 100% of my debt, and the debt of most everyone I know. Which I guess was the point GP tried to make.

j / k navigate · click thread line to collapse

Not really. Mortgages are secured against the property, and attract low interest rates compared to unsecured debt like a credit card.

scbrg4y ago

That's interesting. Mortgages are 100% of my debt, and the debt of most everyone I know. Which I guess was the point GP tried to make.

j / k navigate · click thread line to collapse