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> take a second mortgage or a HELOC Taking a loan against an inflated asset and using it to pay cash, is a good way to risk bankruptcy if prices go down. Not
by zepto 6y ago
> take a second mortgage or a HELOC
Taking a loan against an inflated asset and using it to pay cash, is a good way to risk bankruptcy if prices go down.
Not to mention exposing them to leverage if rates rise.
- 8ytecoder 6y agoSure, we could allow tax deferral on appreciation until the property is sold.