Quote:
Originally Posted by Rathji
So just on those calculations alone, it is pretty much impossible for a house to be worth more in inflation adjusted dollars once the mortgage is paid off. However, you did live in it (or rented it out) for those 25 years, so that is where the benefit comes in.
|
Well that and the other benefit is having access to $300,000 when the house costs $300,000; the cost of borrowing.
