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hugo7 in reply to @jellybaby

They definitely are.

Only poor people use their own money to buy things.

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el_presidente in reply to @hugo7

Correct - borrow £25m at a low interest rate secured against £25m of your investment portfolio.

Pay 2% on the borrowed sum, while both your portfolio and your house are appreciating by >10% p.a.

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jellybaby in reply to @el_presidente

But is that a 'mortgage' in the conventional sense?

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