American has the schedule of payments for her mortgage, her payment is $5,700 a month
- After over 4 years of 50 payments, that’s $285,000 paid, but only $50k goes to principal
- $230,000 goes JUST TO INTEREST
- With interest over 30 years, you're actually going to end up paying $1.6 million
- Her home only cost $784,000
So she’s paying $1.6 million for a $784k home because of interest. Again, this is Usury
“I want to use this to talk to you about why home buying in America is an absolute scam and why this will be the last house we ever buy in”