The Truth About Real Estate Ownership

Before the post war boom in the 1950s mortgages were a rare thing. Years and years ago when houses were bought and paid for in full ownership was realized at purchase plus there were way less rules such as bylaws etc. People did what they wanted with their property.

Fast forward to now for most its a signature of life long debt. Mortgage for 30 years then reverse mortgage as their portfolio or pension won’t keep up with real inflation.