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> 1.) If you truly are "rich," then you pay for your home in cash. You do not take out a mortgage on your house As a counterpoint, Mark Zuckerberg paid for his
by npongratz 9y ago
> 1.) If you truly are "rich," then you pay for your home in cash. You do not take out a mortgage on your house
As a counterpoint, Mark Zuckerberg paid for his home with an adjustable rate mortgage, as reported in 2012:
http://www.sfgate.com/business/article/Mark-Zuckerberg-s-mortgage-rate-1-05-3711118.php http://www.sfgate.com/business/article/Mark-Zuckerberg-s-mor...
- hectorr 9y agoDepends on the interest rate and your opportunity costs.