How mortgages work

Name: How mortgages work
Description: How do you buy a house in a world where you are poor and the rich have everything? The answer is you borrow the money from the rich and that's mortgages.…

चैनल Garys Economics

हिंदी अनुवाद के साथ अंग्रेज़ी उपशीर्षक

प्रतिलेख

How do you buy a house in a world where you are poor and the rich have everything?
हिंदी अनुवाद: How do you buy a house in a world where you are poor and the rich have everything?
The answer is you borrow the money from the rich and that's mortgages.
हिंदी अनुवाद: The answer is you borrow the money from the rich and that's mortgages.
And mortgages have been the way that we have squared this circle for the last 20 years
हिंदी अनुवाद: And mortgages have been the way that we have squared this circle for the last 20 years
in this country.
हिंदी अनुवाद: in this country.
So they need to keep people owning property but inequality is rising and rising, the middle
हिंदी अनुवाद: So they need to keep people owning property but inequality is rising and rising, the middle
class are losing their assets.
हिंदी अनुवाद: class are losing their assets.
So how do we keep ordinary people owning property when inequality is rising because rising inequality
हिंदी अनुवाद: So how do we keep ordinary people owning property when inequality is rising because rising inequality
of wealth means you lose your assets but we need you to lose your assets but keep your
हिंदी अनुवाद: of wealth means you lose your assets but we need you to lose your assets but keep your
house.
हिंदी अनुवाद: house.
How is that possible?
हिंदी अनुवाद: How is that possible?
The answer is increasing debt.
हिंदी अनुवाद: The answer is increasing debt.
So you can keep your house and you can just get more and more and more and more in debt
हिंदी अनुवाद: So you can keep your house and you can just get more and more and more and more in debt
to the rich.
हिंदी अनुवाद: to the rich.
That way you stay a property owner but you become poorer and poorer generation after
हिंदी अनुवाद: That way you stay a property owner but you become poorer and poorer generation after
generation.
हिंदी अनुवाद: generation.
So it's really mortgages and debt are like the magic solution that works.
हिंदी अनुवाद: So it's really mortgages and debt are like the magic solution that works.
It works for the government.
हिंदी अनुवाद: It works for the government.

श्रेणियाँ

प्रतिलेख

How do you buy a house in a world where you are poor and the rich have everything?

हिंदी अनुवाद: How do you buy a house in a world where you are poor and the rich have everything?

The answer is you borrow the money from the rich and that's mortgages.

हिंदी अनुवाद: The answer is you borrow the money from the rich and that's mortgages.

And mortgages have been the way that we have squared this circle for the last 20 years

हिंदी अनुवाद: And mortgages have been the way that we have squared this circle for the last 20 years

in this country.

हिंदी अनुवाद: in this country.

So they need to keep people owning property but inequality is rising and rising, the middle

हिंदी अनुवाद: So they need to keep people owning property but inequality is rising and rising, the middle

class are losing their assets.

हिंदी अनुवाद: class are losing their assets.

So how do we keep ordinary people owning property when inequality is rising because rising inequality

हिंदी अनुवाद: So how do we keep ordinary people owning property when inequality is rising because rising inequality

of wealth means you lose your assets but we need you to lose your assets but keep your

हिंदी अनुवाद: of wealth means you lose your assets but we need you to lose your assets but keep your

house.

हिंदी अनुवाद: house.

How is that possible?

हिंदी अनुवाद: How is that possible?

The answer is increasing debt.

हिंदी अनुवाद: The answer is increasing debt.

So you can keep your house and you can just get more and more and more and more in debt

हिंदी अनुवाद: So you can keep your house and you can just get more and more and more and more in debt

to the rich.

हिंदी अनुवाद: to the rich.

That way you stay a property owner but you become poorer and poorer generation after

हिंदी अनुवाद: That way you stay a property owner but you become poorer and poorer generation after

generation.

हिंदी अनुवाद: generation.

So it's really mortgages and debt are like the magic solution that works.

हिंदी अनुवाद: So it's really mortgages and debt are like the magic solution that works.

It works for the government.

हिंदी अनुवाद: It works for the government.