Definition: "Mortgage memes" are short, viral Internet memes that parodies various aspects of the housing market or finance industry. They typically use humor to ridicule or mock certain policies, laws, or practices, often aimed at highlighting flaws in public policy or financial practices.
Hereβs a detailed definition:
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Meme
: A graphic, image, sound, or other representation that is used for humorous effect.
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Humor
: The creative and intentional use of humor to convey the message.
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Criticism
: The act of pointing out flaws in something. In this context, criticism can be applied to a mortgage, referring to the criticism that the government's policies are causing problems or negatively impacting homeowners who may not have taken advantage of them.
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Fiscal policy
: Any measure aimed at controlling and regulating the economy.
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Finance
: The financial industry, which includes investment banking firms, credit rating agencies, insurance companies, mortgage lenders, real estate brokers, and other related entities.
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