Real estate is a complicated financial product based on local labor markets with an embedded interest rate option that banks sell to retail investors all propped up by staggering amounts of government intervention
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RT @datarade
Why don't we just call mortgages what they are?

Can we say that mortgages are 5x-28.75x leverage on real estate purchases in the USA?
https://twitter.com/datarade/status/1359145682431574017