Hakeem was so smart to follow the tenants of Islam with the debt factor, paying straight cash for things means you don’t participate in that debt cycle, so maybe your credit score isn’t great or it’s not existent, but you never have to worry about someone coming and taking the property away. I don’t mind lenders making money off debt, but I do think when you buy a house for $250,000, and your mortgage payments through interest and the principal loan payments end up being triple the amount the house is worth for the life of the loan, something is very wrong with that picture.
Really like this new season of oddball. Not sure why.
Btw Mirin's book on Giannis was wonderful.
A barrel of oil cost $15.97 in 1988 for those wondering
$15.99 if I’m adding my $0.02
Hakeem was so smart to follow the tenants of Islam with the debt factor, paying straight cash for things means you don’t participate in that debt cycle, so maybe your credit score isn’t great or it’s not existent, but you never have to worry about someone coming and taking the property away. I don’t mind lenders making money off debt, but I do think when you buy a house for $250,000, and your mortgage payments through interest and the principal loan payments end up being triple the amount the house is worth for the life of the loan, something is very wrong with that picture.