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Who's getting rich from your mortgage


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Who actually ends up with that mortgage payment you make every month? Spoiler: it's not the bank.

Previous videos mentioned in this video:

Debt - • Debt & Ownership
What is Money - • What is Money?
Flows of Wealth - • Flows of Wealth and How People Get Rich
How the Rich get Rich from Covid-19 - • How COVID-19 MAKES the Rich Richer - Gary ...

Timestamps

00:00 Intro
01:38 Credit and debt explained
06:25 Morgage credit
08:00 Flows of wealth
09:16 How the rich buy property
13:02 Governments and banks
15:35 Should you get a mortgage?

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Performed by Gary Stevenson

@garyseconomics

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