Re:Colleges at the breaking point, forcing ‘hard choices’ ab...
by briandear on Thursday April 30, 2020 @02:17PM
(#23034140)
Good debt is also known as leverage. It’s essential in the real estate business. Incurring a debt for a depreciating asset is dumb (cars, boats,) but for an asset that appreciates, it actually is good.
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Re:Colleges at the breaking point, forcing ‘hard choices’ ab...
by logfromblammo on Thursday April 30, 2020 @03:23PM
(#23034989)
Housing also depreciates. It just so happens that for much of history, the lands that those houses are attached to have appreciated fast enough to counteract the loss.