Re:Rocket Mortgage to trim 8% of workforce as home-loan mark...
by conanbatt on Thursday April 28, 2022 @12:27PM
(#31194559)
> buy a leveraged asset that's likely to increase in price and reduce the overhead you pay on your largest expense
Oh boi. When you buy this you are giving all this benefit to the seller that takes these into account. You are not making a profit off of it unless the value increases more than the market expectation for it.
So its a leveraged bet that it will be better than expected by the market, and if it goes the other way you are toast.
Oh boi. When you buy this you are giving all this benefit to the seller that takes these into account. You are not making a profit off of it unless the value increases more than the market expectation for it.
So its a leveraged bet that it will be better than expected by the market, and if it goes the other way you are toast.