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A comment on Ask HN: How to prosper under negative interest rates?. Parent comment

Re:Ask HN: How to prosper under negative interest rates? by abstractbarista on Tuesday March 31, 2020 @12:33PM (#22739311)
It actually is. You just can't be over-leveraged. The bank will give you waaayy more money than should ever responsibly be taken. Combined with emergency savings, you are quite safe as a homeowner.
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Re:Ask HN: How to prosper under negative interest rates? by amiga_500 on Tuesday March 31, 2020 @03:05PM (#22741205)
And how do you bid in a market where every house has >1 bidder and banks are lending waaayy more than is responsible?
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Re:Ask HN: How to prosper under negative interest rates? by voisin on Tuesday March 31, 2020 @11:19PM (#22745303)
This! The housing market seems to have punished anyone with a conservative financial mindset.
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Re:Ask HN: How to prosper under negative interest rates? by amiga_500 on Tuesday March 31, 2020 @11:53PM (#22745476)
It forces you to fight with the least conservative, and the banks pour on more and more credit to appropriate ever greater swathes of national surplus.

No doubt someone will say "you don't have to buy", but then you have to rent. Forever. Because they keep bailing out housing.

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Re:Ask HN: How to prosper under negative interest rates? by Ididntdothis on Tuesday March 31, 2020 @12:38PM (#22739369)
Yes if you stay within your limits. But if you start loading up on debt because of low interest then things can go bad very quickly. So the advice go stop saving is bad.
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