13. He Who Has The Gold Makes The Rules

Let's talk real estate...

When you can’t get access to the equity in your property, that’s a problem.

When you’re increasing the margin of safety for the lender (the bank) and by proxy, dollar for dollar decreasing your margin of safety, that’s a problem.

When you are permanently transferring money away every single month in the form of mortgage payment and you can’t earn interest or save that payment again, that’s a problem.

Whoever has the gold makes the rules.

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