Quote:
Originally Posted by ken0042
But once again; you aren't seeing that extra cash. You are now just able to increase how much debt you can carry. The only way you can get away with not having to pay that $50K back is to sell your house and move out of the area; or downgrade.
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Fair enough... though I think its well worth it to increase my mortgage payments $300/month in return for $50k to invest in RRSPs/investments. I suppose others may not agree... made a ton of sense to me though. With interest rates so low its not difficult to acheive a return that matches/exceeds the rate at which the money is borrowed.