2 ms·
Nothing's wrong with it, but it's a bit orthogonal as viewing the property itself as an investment. Instead it's acting as guarantee against other investments.
by falcolas 4y ago
Nothing's wrong with it, but it's a bit orthogonal as viewing the property itself as an investment. Instead it's acting as guarantee against other investments.
- latchkey 4y agoThat is the whole point though. People tend to stop at layer 1, when they are sitting on something that has value for other things as well.
- falcolas 4y agoI think one problem with this is that you paying banks twice (mortgage, home equity loans) for that money from your own property. And at almost 10% APR each. It's really hard to reliably make over 10% on an investment.