Whether it’s fly-by-night or traditional, they all use leverage.


As in the post above on fb, they bought together for 12T, taking a 70% bank loan to use leverage.
But they probably haven’t calculated the liquidity risk, and right now bank interest is high with variable rates—you can’t bear it.
And condos are never a long-term game worth investing in.
Long-term investments worth making only have two things: land and gold.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned