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A comment on Maybe Treating Housing as an Investment Was a Colossal Mistake. Parent comment

Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by riku_iki on Monday March 06, 2023 @01:36PM (#35045488)
> low/no-risk investment

foreclosure makes it no-risk leveraged investment modulo downpayment.

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Re:Maybe Treating Housing as an Investment Was a Colossal Mi... by NovemberWhiskey on Monday March 06, 2023 @02:12PM (#35046097)
That depends significantly on state law w.r.t anti-deficiency rules and so on. California is a non-recourse state where a mortgage lender can only repossess the home, but there are other states where the lender can foreclose and then come after you for the difference in case of a short sale.
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