> once you get above certain level of wealth which took effort to obtain - either by sacrificing consumption, or by working more or doing more valuable work.

> once you get above certain level of wealth which took effort to obtain - either by sacrificing consumption, or by working more or doing more valuable work. The banks' mortgage is the fact that there's evidence that you have the productivity to service said mortgage. If you cannot show evidence that such a mortgage can be serviced, the bank will not lend you money. Lending isn't free - there's risk involved. Calling it passive income with little to no effort is just hiding the work that went on previously. You only see the results, and not the work that went into achieving it.