Reply to Thread

Message

<blockquote data-quote="Shoot Summ" data-source="post: 1328307" data-attributes="member: 1055">The financial industry is struggling with the aging population and the lack of mortgages that will come from them.&nbsp; They see the equity &quot;locked&quot; in their houses as a gold mine.You can sell this as a good thing as much as you want, in the end it is good for the banks and everyone in the chain that sells them.&nbsp; It appears to be good for the person that takes out the RM as it is the easy solution to all of their problems, it liberates them to travel and live carelessly while the bank profits nicely.&nbsp; They don&#039;t have to go through the agony of moving at their advanced age, nor do they have to take any steps to live within their limited means.&nbsp; By golly I think we have found the solution to world hunger... <img src="/images/smilies/smile.png"&nbsp; class="smilie" loading="lazy" alt=":)" title="Smile&nbsp; &nbsp; :)" data-shortname=":)" /></blockquote>

[QUOTE="Shoot Summ, post: 1328307, member: 1055"] The financial industry is struggling with the aging population and the lack of mortgages that will come from them. They see the equity "locked" in their houses as a gold mine. You can sell this as a good thing as much as you want, in the end it is good for the banks and everyone in the chain that sells them. It appears to be good for the person that takes out the RM as it is the easy solution to all of their problems, it liberates them to travel and live carelessly while the bank profits nicely. They don't have to go through the agony of moving at their advanced age, nor do they have to take any steps to live within their limited means. By golly I think we have found the solution to world hunger... :) [/QUOTE]

Verification