Navigate money 64
Person 1: I don’t have a lot of money, and I want to create wealth soon. So I will make a down payment, take a loan and use that leverage to buy a house.
Person 2: Homeownership is not always a sound investment. What if that house price remains stagnant for years? Then the leverage will bite you more.
Person 2: Good point! I will understand more about the risk of leverage before I decide to take on a mortgage.