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Re:Why Don't People Manage Debt Better? by barrkel on Friday February 19, 2016 @02:04PM (#11135712)
Someone working in a company printing (?) indie games isn't an asset, though (except in the accounting sense of the lender, as a stream of repayments; but that's not the perspective that's under discussion - individuals borrowing, not lenders lending).

Point being my rationale was slightly different; it includes more things - it's more general - and it's a bit more negative on the idea of simply buying a rent producing or appreciating asset.

Re:Why Don't People Manage Debt Better? by Jtsummers on Friday February 19, 2016 @02:16PM (#11135816)
You asked: Why wouldn't the lender buy the asset directly?

The reason is: They don't need it. They want income, not assets.

Re:Why Don't People Manage Debt Better? by barrkel on Friday February 19, 2016 @06:07PM (#11137453)
Lenders buy income streams; income streams are assets, from the lender's perspective.