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23-year-old buys dream home for his parents (www.thepress.co.nz)
submitted 11 months ago by to c/newzealand@lemmy.nz
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Diaclaimer: article from last month.

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[–] [S] 2 points 11 months ago (1 child)

Ya... but how much money do banks lend to teenagers in high school?

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  • [–] 3 points 11 months ago* (last edited 11 months ago)

    When borrowing money is cheap, people start buying houses like crazy and running up their mortgages. It's not the teenager borrowing it's the people he was selling houses to.

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