The Trump administration is considering a 50-year mortgage plan amid a housing affordability crisis, but critics warn that it could exacerbate household debt.
The end result of this is everyone buys homes and cars in cash or they just invent something that is interest without calling it interest. They have that for certain religions who have a faith-based objection to interest. It seems dumb to me, but apparently structuring it with the interest rolled into the principal and called something else makes god happy.
The end result of this is everyone buys homes and cars in cash or they just invent something that is interest without calling it interest. They have that for certain religions who have a faith-based objection to interest. It seems dumb to me, but apparently structuring it with the interest rolled into the principal and called something else makes god happy.