Replying to Avatar The Gipsy Dog From Snatch

The asset was never the house.

It was always the mortgage.

Understand this and understand how fiat is the greatest engine for wealth inequality and social instability ever devised.
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Vveerrgg 1y ago

... if i may add ... the asset is a belief of permanence by larger systems regardless of the mortgage holder.

And if the house is in an urban area ... city services

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