mortgages in the US are 30 year loans so it stands to reason that most homeowners are still paying their mortgage. The thing is that home values "typically" go

mortgages in the US are 30 year loans so it stands to reason that most homeowners are still paying their mortgage. The thing is that home values "typically" go up so you can always sell for more than you bought so, yeah, you're in debt but it's secured by an appreciating asset. Further, assuming a couple of other things, inflation makes your mortgage payment effectively less and less as time goes on meanwhile your home is worth more and more.