Doing my part in helping restore freedom to America while kicking evil in the ass. Guided by God the Father, Jesus Christ & my ancestors!
Banks are done.
Mortgages are going to have to be reinvented ASAP! Any ideas how to do this? Crowdsourced home lending?
I saw an explaination of how this would happen. Cost of living will drop including house prices - along with the drop in house prices mortgages would drop by the same percentage. Therefore if your house was worth $500,000 and dropped to $250.000 and you had a mortgage of $200,000 - your mortgage would drop to $100,000.
