The mortgage concept in the US is the ticket to the American dream. It is designed to give you essentially free money over the life of the mortgage by leveragin

The mortgage concept in the US is the ticket to the American dream. It is designed to give you essentially free money over the life of the mortgage by leveraging yourself with a loan that very few people would give you for any other investment decision. Not taking advantage of buying a house in America is a big mistake. Sure, there are plenty of pitfalls along the way, market timing can be important, location matters, etc.. but on average you are way way better off after ten years, ceteris paribus, versus someone who did not buy.