Is debt good or bad?

1. I avoid debt like I was taught. So why are the borrowers getting ahead?

   Inflation makes a loan lighter every year. That's why some borrowers came out ahead, and why debt can also turn on you.

2. So is debt good or bad? Which one am I supposed to believe?

   Your parents' warning about debt was half right. The test: does it pay for something that grows, and could you still pay it back if things go wrong?

3. Everyone's borrowing more. So why can't anyone afford a home?

   Cheap loans work like a stadium where everyone stands up: every buyer can bid more, so the same home costs more.

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