{"id": "card_n_e5c841c02410", "kind": "note", "title": "A parable — Ltv", "body": "A man borrowed against his house until the debt reached the rooftop. When the wind came and shook the price down by a tenth, the rooftop was beneath the debt. He still lived in the house, but the house was no longer his.\n\nAsk yourself: How much of what you call yours remains yours when the wind comes?\n\nFLOOR — protect what cannot recover. Leverage that survives only in fair weather is not strength.\n\n(A Narrow Highway original teaching parable — not a parable of Jesus; a made story that carries a true edge.)", "source": {"label": "Narrow Highway — original parable", "url": "", "ref": "almanac_real_estate_loan_to_value", "authority_tier": "operator"}, "shelf": "codex", "box": "parables", "bands": ["parable", "original", "witness", "teaching", "conservation_balance", "authority_trust", "FLOOR"], "connections": [], "author": "operator", "created_at": "2026-07-10T21:00:05.284658+00:00", "updated_at": "2026-07-10T21:00:05.284658+00:00", "visibility": "public", "lifecycle_stage": "public", "volatility": "permanent", "surface": "witness", "metrics": {"paperclips_count": 0, "helpful_count": 0, "not_helpful_count": 0, "cite_count": 0, "walks_through_count": 0, "flagged_count": 0}, "source_hash": "056d7ae011080898c12f55bb2ca871cce580e38e566cd57f334d6b67f56fa61e"}