2026-01-18 17:28:30

Many people think that buying a house with a mortgage is the first step in asset allocation, but in reality, it is a pledge of your labor for the next thirty years.

Banks are not concerned with whether you can repay on time, but rather with your stable cash flow over these thirty years. Once you are bound by this debt, your life choices are greatly limited—daring not to switch jobs, take vacations, or risk any income interruption. An unexpected unemployment or serious illness could cause the entire debt chain to collapse in an instant.

It may seem like you have ownership of the property, but in essence, you are hostage to the debt ownership of the house. Over thirty years, the majority of your income is working for the bank, and the growth of your truly owned net assets is limited. This passive long-term debt commitment is often severely underestimated in its impact on personal financial flexibility.

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MoonlightGamer

· 4h ago

That's really hitting home. Working for a bank for thirty years is truly no joke. My former colleague is like that—once they signed the mortgage, it was as if they were tied down. They wouldn't dare resign even if their salary increased.

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gaslight_gasfeez

· 4h ago

It's really heartbreaking; being a mortgage slave for thirty years is no different from a debt bondage contract. Once you're on this pirate ship, it's like mortgaging your entire life to the bank, truly.

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TokenAlchemist

· 4h ago

this is literally just an inefficient debt structure masquerading as wealth building... the liquidation cascade risk alone should disqualify it as "alpha" strategy ngl

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WhaleWatcher

· 4h ago

Well said. I always say that taking out a mortgage to buy a house is essentially being trapped; you've sold your thirty-year life to the bank. --- Homeownership? Nonsense. It's clearly debt ownership that has kidnapped you; the bank is the real landlord. --- That's why I've always said that a mortgage is the most covert shackle. On the surface, it seems to appreciate, but in reality, you're working for numbers. --- I deeply agree. Once you take on a mortgage, you're essentially frozen. Even considering changing jobs requires careful thought, and your personal freedom drops straight down. --- You've hit the nail on the head. When a sudden situation occurs, the entire chain collapses. Most people haven't even calculated this risk. --- Buying a house with a mortgage? It's just using thirty years of stable cash flow to exchange for an illusory ownership. The bank is the biggest winner. --- Have you ever thought about why you can't switch jobs freely? Because the mortgage has tied you down, and you've lost countless possibilities in life. --- Wait, isn't this just a disguised form of debt slavery? It's just dressed up as asset allocation. --- The most profound feeling is this: most of my income is working for the bank. More than half of my monthly salary flows to the bank, and it's exhausting.

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MidnightSeller

· 4h ago

Basically, it's trading 30 years of freedom for a house ownership, and the bank is the real winner. Really, I have several friends who don't dare to change jobs easily because of their mortgages. So now you understand why so many people are actually living very exhausted lives. Appreciating the house's appreciation doesn't matter; isn't it just working for the bank? That's why I never recommend young people to take out a mortgage right away, as they might be trapped for 30 years. On the other hand, not buying a house in a big city is also impossible to live without, and that's the most frustrating part. Let me ask, isn't there any other way out?

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