4 ms·

Mortgages are 70% of debt in the US. It is like saying I got perfect on a test except for the 70% I got wrong.

• xmodem 5y ago
  Not really. Mortgages are secured against the property, and attract low interest rates compared to unsecured debt like a credit card.
• scbrg 5y ago
  That's interesting. Mortgages are 100% of my debt, and the debt of most everyone I know. Which I guess was the point GP tried to make.