News for hackers. Stuff that matters.

A comment on China’s property giant Evergrande files for bankruptcy protection in Manhattan. Parent comment

Re:China’s property giant Evergrande files for bankruptcy pr... by topper-123 on Friday August 18, 2023 @02:37AM (#37172040)
Yeah, if you buy a house when you have little equity, your equity can go up manyfolds from the purchase, but at the risk that if you time the purchase badly, you’re in a bad spot for many years.
[ Parent | on HN ]
Re:China’s property giant Evergrande files for bankruptcy pr... by Scoundreller on Friday August 18, 2023 @02:45AM (#37172101)
“Leverage goes both ways”
[ Parent | on HN ]