i wish i could have been in the room when they were brainstorming how to solve the housing crisis and someone raised their hand and said "what about 50 year mortgages?"
It's paying rent, but you're also fully responsible for all maintenance, repairs and replacement. Most will never pay off these mortgages, and equity will be small and not come for 20-30 years. Steer clear of this scam if it materializes.
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