Rental property billionaire says buying a home (with a mortgage) is "fancy bullshit" and you should rent instead

restingboredface@sh.itjust.works to News@lemmy.world – 478 points –

[Mortgage Is 'Just A Fancy Bullsh*t Word For Paying Rent For 30 Years To The Bank,' Says Real Estate Billionaire Grant Cardone — Here's Why Renting Could Be A Better Financial Move

](https://finance.yahoo.com/news/mortgage-just-fancy-bullsh-t-171148202.html?guccounter=1)

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"Renting makes me money."

Okay, work backwards from there.

FFS these people.

Mortgages make the bank money.

If only there was some kind of large collection that represented the people that could offer loans for cost or near cost instead.

represented the people

Founding fathers laughing in corporate interests

You'd be surprised what they would support. Until the neoliberals killed capitalism there wasn't really that much problem with the idea of governments running public services.

Hell, usury is a sin. Very clearly defined as such, biblically. You tell them the US government is in a position to act as an interest-free loan office and they probably wouldn't have any real problems with the idea.

"Hell, usury is a sin. Very clearly defined as such, biblically."

Ayyyy that would be a wonderful thing to bring up to a Dominionist Republican and watch them struggle between "need to force people to believe we're a religious nation" and "we cannot give the people services, they must pay."

Until the neoliberals killed capitalism

Capitalism is very much not dead (though it does smell rotten)

It was a bit of an oblique reference to The Man Who Broke Capitalism by David Gelles, I just like to imagine it was murdered instead.