For many people, the dream of owning their own home has long since ceased to be achievable given the prices currently charged for real estate in metropolitan areas. A way out, which is also discussed again and again in the STANDARD forum, are very long-term loans, with which high prices could be better managed. Such generational or lifetime loans are designed for up to 100 years and are non-repayable. The first generation only pays the interest, while the children or grandchildren take over the repayment, either because they inherit money or because they sell the house at some point.
Generational loans: Children pay off the house – building & living
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