CustodialTeapot

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CustodialTeapot ,

I don’t think you understand mortgages very well.

You know you can remortgage or sell your house before it’s paid off, right?

If I pay in £500 a month. Likely, 20-80 of that goes to interest. I’m gaining £480 in equity each month.

Which I can gain access it at near any point with very little penalty.

You’re focusing very blindly on your single point of “the deposit”. Which is the hurdle everyone should focus on however possible.

CustodialTeapot ,

Sources and refrences please.

CustodialTeapot ,

They could, they just didn’t have a CEO who wanted less pay.

CustodialTeapot ,

This is based in the US. I imagine a lot of that also comes from air con, very long commutes and other wasted office energy use.

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