4 ms·

How many rich people take out a mortgage?

• xboxnolifes 5y ago
  Most of them
• hellisothers 5y ago
  Yea, even if you pay with cash you’re probably financing it after you own the property.
• alexanderdmitri 5y ago
  Here's an article on mortgage/financing options for the ultra-wealthy: https://www.ft.com/content/ebf761ea-fcc8-4fd4-a636-87561398da3e https://www.ft.com/content/ebf761ea-fcc8-4fd4-a636-87561398d...
• iso1210 5y ago
  A better question is probably how many rich people need to take out a mortgage to fund their housing needs. Using equity for cheap money to buy more equity makes perfect sense.