Why is it better to buy a home with a mortgage even if you can buy it off in full?
In: Economics
It might be better for YOU the buyer to buy a necessity like a house on credit, but in a “free” market you shouldn’t be there. You are a buyer that does not exist without credit, and thus increase the price of housing without the ballast of collateral. In short, you deprive others of necessities because you can refuse to work for the things you have.
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