Anonymous ID: 0086c7 Jan. 26, 2025, 5:10 a.m. No.22438524   🗄️.is 🔗kun   >>8531 >>8567

>>22438502

they still own the house, yet they pay no property tax.

the subsidy that was in the tax code for the home deduction was a right off that benefited the banks. WITHOUT a mortgage you don't get it (except for the standard deduction).

and back when foreclosures were common, they banksters would get the house back after being paid what was essentially rent.

 

AND the note for the mortgage is said to be 'monetized' meaning that they get the money for free that is used to pay for the house.

 

pretty good scam. They get all the subsidies and free money to boot.

Anonymous ID: 0086c7 Jan. 26, 2025, 5:15 a.m. No.22438538   🗄️.is 🔗kun   >>8579 >>8592

>>22438531

the bank or mortgage holder ought to have to pay an excise or property tax on the proportion of the home that they still own.

that would encourage them to give a better deal.

AND any monies given by the government to home owners as a tax-give-me SHOULD BE USED ONLY to pay down the mortgage.

that would pay off the notes much quicker.