>>23838030
if they don't sell their property then they HAVE to pay property tax.
when they end up owning all the property in a town that can be rather expensive.
In lieu of it being a market collapse, and them losing a lot of money, they devised the 30 year mortgage in the 1930s so that the theif bankers wouldn't end up with all the property and have to pay tax on all of it.
the economics of it was such that if they didn't unload those properties and forced people to move or live in the streets there would have been riots and bankers would have been . . . in peril.
so they devised the mortgage.
if the equation results in less of a loss, then they use it if the other equation would result in more of a loss.
get it?