A rich person might rather buy 5 houses with a 20% down payment and 80% debt rat... | Hacker News

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		mathattack on Sept 14, 2018 \| parent \| context \| favorite \| on: $250 Trillion in Debt: The World’s Post-Lehman Leg... A rich person might rather buy 5 houses with a 20% down payment and 80% debt rather than 1 house with cash.

Confusion on Sept 15, 2018 [–]

Only if those houses make them money or their money yields more than the debts cost.

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