Yes, but there are people who use them to produce more time than was consumed by the loan. Time positive in a way. But I don't think this little trick will last forever, or at least not to the degree it does in a fiat world.

I tend to avoid debt, but it isn't as clear cut as almost anyone tries to make it. I'm sure some people are benefitting from it. Good for them. I chose to avoid that route and don't regret it.