In what percentage do you think people will actually paid off their 50 years mortgages before they die?

Would there be anybody who will try to fight the ';commercial empire';, not to let them drive houses/propperties price up any more. It is so redicuriously over price right now. Just imagine everybody would have to work his/her whole life to pay for a house, is that what everybody want it to be?In what percentage do you think people will actually paid off their 50 years mortgages before they die?
the way you type you must be a telemarketer LOL





but maybe 10% because the average American anyway moves about every 10 years or so therefore accruing a new mortgage.In what percentage do you think people will actually paid off their 50 years mortgages before they die?
Damn, man, where can I get a 50-year mortgage?
Just another gimmick to keep you in debt. Look at all those poor suckers who bought into the Adjustable Rate Mortgages.
Probably no more than 10% would ever pay off a 50 year mortgage.





The real estate market is about ready to take major plunge which will leave people with mortgages that are way higher than their houses are worth. In some real estate markets houses are estimated to be priced at 160% of their actual value. Currently, in many areas builders are holding huge inventory of unsold homes with few buyers which makes it a ';buyers'; market. The builder could want $400,000 for his house but he might be agreeable to accept $290,000 in order to reduce his unsold holdings and reduce his construction debt. Now is the time to play hardball on the price.