maniacalmanicmania@aussie.zone to AusFinance@aussie.zone · 2 months agoMortgage nation. The 'wealth effect' that drives big bank's super profitsmichaelwest.com.auexternal-linkmessage-square4fedilinkarrow-up111arrow-down10
arrow-up111arrow-down1external-linkMortgage nation. The 'wealth effect' that drives big bank's super profitsmichaelwest.com.aumaniacalmanicmania@aussie.zone to AusFinance@aussie.zone · 2 months agomessage-square4fedilink
minus-squareDavidDoesLemmy@aussie.zonelinkfedilinkarrow-up1·2 months agoIt’s not pure gravy. There’s an opportunity cost in having that money tied up in a house. Plus there are other obligations on a landlord beyond mortgage payments.
It’s not pure gravy. There’s an opportunity cost in having that money tied up in a house. Plus there are other obligations on a landlord beyond mortgage payments.