FloatingLlama
FloatingLlama

What's the point of taking home loan, at the end if we paying interest exactly the same as the principle.

9h ago
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FluffyKoala
FluffyKoala

To be able to get the cash to buy a house. If you have all the cash already available with you to be able to buy the house, then you don't need the loan

FloatingLlama
FloatingLlama

My whole point is housing is unaffordable, why is house a luxury

DizzyBurrito
DizzyBurrito

You have to repay bulk amount in intervals to reduce interest.

CosmicQuokka
CosmicQuokka

intrest on home loan is more palatable compared to rent uncertainty, and housing is a basic need.

FloatingLlama
FloatingLlama

God knows, one house where you work and one home for parents 😂 nightmare

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