It also is highly leveraged. If you start at 20% down with a 3% interest rate, you won't have 50% equity until around year 14-15. Since most people move by then

It also is highly leveraged. If you start at 20% down with a 3% interest rate, you won't have 50% equity until around year 14-15. Since most people move by then, you are spending most of the time with 2-5x leverage on the gains.