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My wife and I were talking about doing some construction on our house and as we discussed paying for it ourselves, she mentioned that one of the books she’d rea
by sircastor 5y ago
My wife and I were talking about doing some construction on our house and as we discussed paying for it ourselves, she mentioned that one of the books she’d read suggested almost always financing these kinds of projects. Because why spend your own money when you can spend someone else’s?
This is though, the space of the privileged who have the opportunity to secure debt.
- andrewmcwatters 5y agoWhat book? Sort of irrelevant question, but curious. Anyway, I think the general idea is that this advice only works in today's world where interest rates are below inflation, and property appreciation is above both.