Debt leveraging inflates property prices, creating (6) hopes for capital gains, prompting buyers to take on even more debt in the speculative hope that rising asset prices will more than cover the added interest, which is paid out of capital gains, not out of current income.
Debt leveraging is depicted as the easiest and even the surest way to accumulate wealth — going into debt to buy assets whose prices are being inflated on credit, or to spend in the hope of paying out of rising and more easily earned future inc
Debt leveraging is depicted as the easiest and even the surest way to accumulate wealth — going into
debt to buy assets whose prices are being inflated on credit, or to spend in the hope of paying out of rising and more easily earned future inc
debt to buy assets whose prices are being
inflated on credit, or to spend in the hope of paying out of rising and more easily earned future income.