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The document discusses various topics related to real estate finance and mortgages. It defines lending against property cash flow as the most traditional form of real estate finance. It also defines investment facility agreements and development facility agreements, which provide loan facilities to purchase and develop properties. The document then discusses how mortgages create money by banks lending more than they have in deposits. It also discusses how speculation can drive up real estate prices and mort

Author

Mary Joyce Iquin

Language

EN