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Bill Gates has a mortgage on his house??! Is that real?
by hhm 18y ago
Bill Gates has a mortgage on his house??! Is that real?
- notauser 18y agoIt wouldn't surprise me at all: - His cost of capital is undoubtedly very low. Lending $4-5m to someone with that much money (and secured on property!) is practically risk free. - He probably has access to a lot of good investment prospects. - Tax breaks on mortgages will make the gap between cost of capital and likely return even larger.