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2024-10-24 03:14:18

MacroView on Nostr: Using real estate as collateral for mortgage debt is the most idiotic thing a bank ...

Using real estate as collateral for mortgage debt is the most idiotic thing a bank can do.

If I was a bank, I would only issue loans backed by #Bitcoin……….

If they did this, real estate would crash to its utility value…….

People would not be buying multiple houses as investments and drive cost up……..
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