Quote:
Originally Posted by sketchyt
I think there's some who love any reason to take people like realtors down a notch.
All I know is if I didn't play the property ladder game prior to the recession I would not be living the lifestyle I do now. Although it's clearly a debt by definition, I would also consider getting a mortgage as one of the better financial decisions I've made (along with paying it off as quick as possible)... which I believe is the sort of thing you're trying to get at with your question.
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I don't hate realtors, my parents did a lot of real estate (I helped out a lot, I "get" the real estate thing) and I know/knew a lot of realtors. I have nothing against them.
I just happen to think that a realtor here, trying to sell the idea that mortgage isn't a debt, is a little bit conflict-of-interest. If he would have said "a mortgage is a debt, but its a useful tool that is meaningful and/or a useful tool to people who are financially stable" then hey, I get it. I know the game. But trying to sell the idea of how great a mortgage is, then look down their nose at student loans, car loans, etc brings bad juju.