When mortgage interest rates are relatively low like now, I would think even wealthy people would want mortgages. By using a mortgage instead of paying cash, it

When mortgage interest rates are relatively low like now, I would think even wealthy people would want mortgages. By using a mortgage instead of paying cash, it would be possible to buy more property (a fancier home, a vacation home or rental properties). Or they could invest more in higher-yield investments like stocks.