For those unaware: this article is at best suggesting people should cast aside doubt and keep spending like good little drones… and at worst imply that home prices aren’t in a bubble (they are) and the job market is stable when the economy contracts (it isn’t.) If one were to fully extract what is being asked: you have home equity and a job? Leverage that to the tits.
What could go wrong? Surely history has never seen record debt leveraging the bubble pricing of homes (or other assets) for speculation purposes … never ever.
If the article was written by a human they should be beaten for suggesting such an asinine thing. If it was generated the editor should be beaten instead. That isn’t a fluff piece or financial advice: it’s worse. It’s a crafted half-lie to prey on human emotion. Why? To bilk just one more retail investor into carrying some bags a fund is offloading.
For those unaware: this article is at best suggesting people should cast aside doubt and keep spending like good little drones… and at worst imply that home prices aren’t in a bubble (they are) and the job market is stable when the economy contracts (it isn’t.) If one were to fully extract what is being asked: you have home equity and a job? Leverage that to the tits.
What could go wrong? Surely history has never seen record debt leveraging the bubble pricing of homes (or other assets) for speculation purposes … never ever.
If the article was written by a human they should be beaten for suggesting such an asinine thing. If it was generated the editor should be beaten instead. That isn’t a fluff piece or financial advice: it’s worse. It’s a crafted half-lie to prey on human emotion. Why? To bilk just one more retail investor into carrying some bags a fund is offloading.
Fuck me. That article is infuriating.