Subj : Re: It's a start
To   : JEFF THIELE
From : Mike Powell
Date : Tue Oct 25 2022 16:09:00

>  MP> > A few got out of hand. The same thing has been known to happen in respo
>  MP> > sporting event outcomes.
>  MP> Hmmmm... you are not one of those soccer hooligans are you?  :D

> No, but I've seen them on TV. Football fans will do it, too, but not as often.

As will college basketball fans.

>  MP> To get a loan (from a proper lender!) they have to believe that you can
>  MP> pay the home off.  To get a mortgage on a $1.4 million home, I would
>  MP> have had to prove I have a *lot* of money and a way to continue earning
>  MP> that money over the period of the mortgage.
>
> True, but you would not have needed $1.4 million. If you had $1.4 million to
> spend on a home, you could have saved yourself a lot of money in interest
> payments.

Also true, but I would need a lot more money, and the resources to continue
making that "a lot more money" than most people have.


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