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Comment by goalieca | Hacker News Reader
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goalieca
·
How many rich people take out a mortgage?
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alexanderdmitri
·
Here's an article on mortgage/financing options for the ultra-wealthy:
https://www.ft.com/content/ebf761ea-fcc8-4fd4-a636-87561398d...
iso1210
·
A better question is probably how many rich people need to take out a mortgage to fund their housing needs.
Using equity for cheap money to buy more equity makes perfect sense.
hellisothers
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Yea, even if you pay with cash you’re probably financing it after you own the property.
xboxnolifes
·
Most of them
Reply on news.ycombinator.com