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nickers0n
ID: 1559940
Level: 23
Posts: 67
Score: -68
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Thread created on Sat Dec 08, 2012 21:03:40
Last replied to on Thu Dec 13, 2012 06:02:46
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i have a suggestion for torn city.... sometimes people dont have enough money to buy a properties that they want right away. my suggestion is that torn sets up a mortgage system just like in the real world you pay your mortgage and you have a percent of interest of how long you want to pay it off for example a private island cost 500m. you could have a down payment of 200m and pay 10mill a week and charge 10% interest on the cost of the property. So 10% of 500m is 50mill in interest... this is just an idea. Anybody like this idea..? it is basically just like how you pay the mortgage on your house in real life....
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The_Reputed
ID: 68232
Level: 34
Posts: 1937
Score: 1021
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Posted on Thu Dec 13, 2012 06:02:46
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I see what you're saying but we already have a lively renter's market where you can pay what you can afford, it benefits both buyers and sellers. Something like this would be a slap in the face to the rental market since everyone could just get a mortgage. Plus its kind of like handing out PI's for the price of a castle...
Perhaps you could do this with the loan shark if he loaned more though?
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