system
A chat on subreddit /r/wallstreetbets
human
Would you rather finance $225,000 for a house with 5% fixed interest for 30 years OR $102,000 for a house with 14% fixed interest for 30 years? Your monthly payment would be the same.
gpt
Every business cycle folks come in with this logic that it’s a linear trade off on housing between principal and interest.

Every time they’re amazed when it doesn’t work exactly that way.