> outside of a potential rise of property taxes, my "rent" payment will not exceed a certain number of dollars And home insurance, too. But generally, yes: ov

> outside of a potential rise of property taxes, my "rent" payment will not exceed a certain number of dollars And home insurance, too. But generally, yes: over the course of decades an American fixed-rate mortgage really is a wonderful thing. There is also the possibility of deflation to worry about, although deflation comes with many other problems. I personally think that worrying about deflation is like worrying about a meteor, or the collapse of the local government: if it happens, so many other bad things will also happen that my mortgage will be the least of my concerns.