Leveraging is a powerful tool if used correctly. In his case

he obviously used the tool poorly. He was not in his right mind to borrow money to buy a no-income vacant land. People often blame the tool for their mistakes. In reality, it's not the tool's fault, it's the fault of the tool user who uses the tool incorrectly. A knife can be used to stab people. The same knife can be used to carve the most beautiful sculpture. It all depends on how the user will use the tool.

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而且,2005年的房地产市场应该刚好是最高峰。 -kenw- 给 kenw 发送悄悄话 (285 bytes) () 11/19/2008 postreply 11:31:35

回复:Leveraging is a powerful tool if used correctly. In his case -ca2004- 给 ca2004 发送悄悄话 (47 bytes) () 11/19/2008 postreply 16:00:03

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