chaospatterns@lemmy.worldtoMicroblog Memes@lemmy.world•Let's play the rich get everything. The rules are the rich get everything. participation is mandatory.English
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3 months agoThen good luck getting a house mortgage because you can’t lend based on future income because it’s not guaranteed. When I bought my house they incorporated the value of my brokerage account. I wouldn’t be able to own a place if they didn’t.
With house mortgages it’s collateralized against the house, a physical object, but it has only a fake value until it’s actually sold because house prices can go up or down.
But then you’ve got cities like Morro Bay, CA that are trying to stop a plan to replace a coal plant with a battery storage facility because batteries are supposedly dangerous.