5 ms·
Buying a property on a mortgage is just buying a very highly leveraged asset. Any gains as well as losses in the asset value are multiplied several times.
by robjan 8y ago
Buying a property on a mortgage is just buying a very highly leveraged asset. Any gains as well as losses in the asset value are multiplied several times.
- wahern 8y agoHow are losses multiplied? (Assuming a typical nonrecourse home mortgage.)