That's what happens without regulation (limits on the size of the loan) or inflationary controls (rate increases). Lending exists to help amortize the cost of a

That's what happens without regulation (limits on the size of the loan) or inflationary controls (rate increases). Lending exists to help amortize the cost of a big-ticket purchase so that they can grow and have security, as a business or a person/family. But when you take away the guardrails you have runaway student loan and mortgage debt. At least with the latter there is an asset that has some value.