If you borrow to invest for the future by adding value, you grow. Everyone seems delighted to borrow ever more against existing housing stock, which creates nothing.
Do you think this proposed investment is being made with conservative, reliable underwriting, such that we can be confident that it will deliver value?
[0] Most likely mass unemployment due to the corona virus.
Yet we are told, no!, do not pay this man, we can't afford it. We cannot get that day back when the sun sets.
Economics has let us down very, very badly.