TE
TechEcho
Home24h TopNewestBestAskShowJobs
GitHubTwitter
Home

TechEcho

A tech news platform built with Next.js, providing global tech news and discussions.

GitHubTwitter

Home

HomeNewestBestAskShowJobs

Resources

HackerNews APIOriginal HackerNewsNext.js

© 2025 TechEcho. All rights reserved.

How a Warren Buffett empire preys on the poor

15 pointsby sheltgorabout 10 years ago

1 comment

paulhauggisabout 10 years ago
&quot;Billionaire philanthropist Warren Buffett controls a mobile-home empire that promises low-income borrowers affordable houses. But all too often, it traps those owners in high-interest loans and rapidly depreciating homes.&quot;<p>How is this a trap? It allows low-income borrowers, who are high risk and have little income, access to something they wouldn&#x27;t normally have: a home. Yes, it may depreciate, but it&#x27;s not meant to be an investment..it&#x27;s meant to provide a roof over someone&#x27;s head.<p>I thought we were supposed to be getting rid of overly negative comments on HN. This article is written from a biased and overly negative perspective.
评论 #9320290 未加载