Reasonable take. But my hypothetical is really assuming that you're already interested in buying real estate, and the choice is between a 30 vs 50 year mortgage. And in either case, I'd argue that I'd rather own real estate than own a dollar denominated promissory note.
Reasonable take. But my hypothetical is really assuming that you're already interested in buying real estate, and the choice is between a 30 vs 50 year mortgage. And in either case, I'd argue that I'd rather own real estate than own a dollar denominated promissory note.