• gencha@lemm.ee
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    1 day ago

    Thanks for providing the additional clarifications, I think pretty much all of it is valid, I just have a slightly different perspective.

    Most people would likely agree with you that investing into a home through dept is reasonable. I don’t disagree.

    I also agree that you can utilize loaned capital in a way that your earnings outperform the debt incurred.

    You’re still gambling though. You can not afford to lose your home, or that loaned capital. Maybe you feel like your chances are good, and maybe they really are, but you’re relying on your personal prediction of the future to ultimately resolve that debt.

    A “real” investment is just as much gambling, but the fallout from failure is entirely different.