> I’m trying to say that under mortgage, a property isn’t your asset. It’s a bank’s asset. No, the property is your asset. The mortgage is your liability. Each

> I’m trying to say that under mortgage, a property isn’t your asset. It’s a bank’s asset. No, the property is your asset. The mortgage is your liability. Each month as you pay the mortgage you have an expense (the interest part of the mortgage) and a reduction in your liability.