Home › Forums › Housing › 4% 30 Year Mortgage › gzz wrote:“ run up huge
[quote=gzz]“ run up huge personal lines of credit at end of life and then die? Is this commonly done?”
Not too often. The elderly aren’t big on extravagant living.
That’s why our aging society will tend toward deflation and low to negative rates: higher desired savings than creditworthy borrowers.[/quote]
Top of the line sr homes, hospice, high grade drugs…all on credit!!! Then fight the eviction when u stop paying…go big old man…