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You are of course not wholly wrong. However, people paying on the latter half of a 30 year mortgage are almost certainly paying much less for housing than they
by splitstud 5y ago
You are of course not wholly wrong. However, people paying on the latter half of a 30 year mortgage are almost certainly paying much less for housing than they would be paying to lease, due to inflation. And of course these payments are increasingly equity-weighted.
- MispelledToyota 5y agoJust because a mortgage is a liability doesn't mean it's a bad financial decision to incur a mortgage to own a house, agreed.