wrote in message
oups.com...
NOYB wrote:

(elementary level example of leverage deleted)

Your additional properties are investments. Your house is your home.
If you cannot grasp that very simple concept, you likely do not realize
that hyper accelerated real estate markets in many parts of the country
(Calif being a frequent example) are not always one way streets.

When your house that you're choosing not to sell for $1.2 million
possibly corrects to a value of $975k, (and you hold the $1mm mortgage
you mentioned elsewhere in the thread), it won't be Chuck wondering
"How the hell did that happen?" Chuck knows.

BTW, I could write the book on leverage. You don't want or need to know
the details, but write it I could.

And I could write the preface.

(I did notice how you didn't address the facts though)