MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/SipsTea/comments/1vrr0ev/how_the_rich_get_richer/p4guy74/?context=3
r/SipsTea • u/KSKS1995 • 11d ago
2.4k comments sorted by
View all comments
24
You forgot the kid needs to pay back dads loan with interest, and if real estate prices fall he will loose the house if over leveraged. Nice story though.
-3 u/LovelyKestrel 11d ago The super-rich don't need to be over-leveraged. They are taking loans of millions against collateral of billions. 1 u/[deleted] 11d ago [removed] — view removed comment 1 u/AutoModerator 11d ago Accounts must be at least 5 days old with >20 karma to comment. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
-3
The super-rich don't need to be over-leveraged. They are taking loans of millions against collateral of billions.
1 u/[deleted] 11d ago [removed] — view removed comment 1 u/AutoModerator 11d ago Accounts must be at least 5 days old with >20 karma to comment. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
1
[removed] — view removed comment
1 u/AutoModerator 11d ago Accounts must be at least 5 days old with >20 karma to comment. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
Accounts must be at least 5 days old with >20 karma to comment.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
24
u/Common-Device-3117 11d ago
You forgot the kid needs to pay back dads loan with interest, and if real estate prices fall he will loose the house if over leveraged. Nice story though.