leverage and tax benifits encourage debt.eg. property gurus with...

  1. 397 Posts.
    leverage and tax benifits encourage debt.

    eg. property gurus with 2 mill+ of property owing $1 mill
    to creditors, thanks to tax breaks.

    how many new cars put the house loan. not that the
    old car was stuffed, just to gratify ones self.

    people chose debt.
 
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