Comment on Mmusks new ideas

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valkyre09@lemmy.world ⁨1⁩ ⁨year⁩ ago

Hold on…. You’re saying I can take out a loan for $x amount of dollars against a company I don’t own yet and buy it with that money?

if I take out a mortgage for a property before I buy it and I destroy the house; the bank still comes after me for the value.

Am I being stupid or is the game more rigged than I thought?

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