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 Originally Posted by Ash256
Originally Posted by jo
Originally Posted by boost
Because real estate generally appreciates, you can borrow against it at really favorable rates allowing you to "untie" your money and use it as leverage in other endeavors.
I may be wrong here, because I've not been following the news all that closely, but didn't Western civilization recently collapse because of this theory?
LOL true
um no. banks gave out loans for people to buy houses. people who couldn't afford the types of loans they were given. not because the people refinanced, pulled out equity, and wrongly invested said money.
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