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Today I learned (sh.itjust.works)

submitted 3 days ago by pelespirit@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works

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[–] Wanpieserino@lemm.ee 3 points 2 days ago

The 20% is there because we had the financial crisis due to people buying houses that they couldn't afford.

Using the bank in order to get money for a purchase is a good idea, as long as you invest the money.

Even if you can buy the house outright, it's better to borrow money with the house as collateral and invest the rest in market weighted ETFs.