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If an investor were to take out a mortgage to purhase an income producing real estate investment, but could only make the interest payments on
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If an investor were to take out a mortgage to purhase an income producing real estate investment, but could only make the interest payments on the loan, this would best represent which condition under Minsky Theory? (Note: I know we didnt cover this, but Id like you to know it!)
Hedge Unit
Leverage Unit
Speculative Unit
Ponzi Unit
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