@rushicrypto They all have income. Buy, borrow, die is a minor strategy. If you look at the aggregate data it's not heavily used. It represents only ~1% of their income. This isn't some huge trick guys like Bezos use to finance their lifestyles or anything. Often seen as needlessly risky.
@UtahFlatRanger@BrycenLanager You know you can easily just look stuff up before commenting to avoid embarrassing yourself, right? That's the promise of the internet. The median boomer bought their first home around 28-29. Entry level machinists made more like $8-9/hr, not $16-17/hr.
@gothgfdotrip I think it's unreasonable to seek to unilaterally change the terms of a deal after seeing the result, yes. If the owner wants to be generous with the profits, by all means.
@UtahFlatRanger It isn't 10x harder. It just isn't. Maybe it's a little harder, but it isn't even 2x as hard much less 10x. And it's still extremely easy compared to 100 years ago. Thinking you're a victim will turn you into a victim. 1/5 success rate is about right for previous generations, too