Cross posted from Discuit

  • SkunkWorkz@lemmy.world
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    7 hours ago

    Bet he also had a $100k truck parked in front of that home. Bought with a loan with 12% interest

    • plz1@lemmy.world
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      1 hour ago

      12% is pretty insane for an asset that depreciates as fast as a vehicle does.

      • SkunkWorkz@lemmy.world
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        23 minutes ago

        Because cars are status symbols and people are fucking stupid. So of course capitalists exploit these dumdums. There are even companies where you can rent-to-own tire rims. And of course those companies make hundreds of millions a year.