4 ms·

But we're discussing the group consensus of a self-selected group of people interested in finance, who are nerding out about it on the internet, not the group c

But we're discussing the group consensus of a self-selected group of people interested in finance, who are nerding out about it on the internet, not the group consensus of the general population.

dsfyu404ed 7y ago
"Take the biggest mortgage you can" became known by the general population because it was repeated again and again by every financial literacy magazine, talk show and newspaper advice column back in its day. If anything that is an even more refined interest group than Reddit because you needed more than an internet connection and an interest to get into it.