Post
Topic
Board Speculation
[WO] Rent from the bank via an intermediary, rent directly from the bank—or...?
by
nullius
on 19/11/2020, 06:10:01 UTC
How can it be considered wiser to rent from an individual owner as opposed to 'renting' from the bank - you'd be obliged to either one and both could theoretically kick you out for non-payment.

How about, um, owning your own home?  As in:  Free and clear.

What a nice society you have:  The “American dream” of home ownership is truly dead, out of reach and unthinkable to the overwhelming majority of Americans.  It has been replaced by an illusion based on a false dichotomy between renting from the bank via an intermediary “landlord” who rents from a bank, and renting directly from the bank.

The bank owns everything!  You are so immersed in debt culture based on debt-“backed” money and total submission to the banks, you cannot even see what is wrong with your proposition.

Bitcoin, and home ownership:  Be your own bank.  Be the king of your castle.


"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)


Don’t get me started on the rents known as “property taxes”.  Are you even aware of how recent a development that is in the United States?

See also:
Historically, besides heritable class status, the single most effective guarantor of voter quality was a real property ownership requirement.  [...]

Naturally, I think that such a requirement must logically exclude mortgaged properties, which (especially in today’s society) are effectively rented from the bank.