There's 15 trillion dollars o mortgage debt in the united states. A bank borrows money from its customers, and then lends it out to people who want to buy homes for about three and a half %. The most common loan is for bought, for people buying a home. It's a easy loan, as a 30 year mortgage. And banks have a very good incentive to keep you thinking you should buy a house. They want everybody to buy a house, cause they make so much money from that.

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