Quote:
Originally Posted by darklord700
I think having a managable mortgage is a good thing. First the gain is sheltered by principle resident deduction. Second, you are forced to save by paying down the mortgage. In these crazy low rate environment, having a $150K mortgage isn't a bad thing.
Some people'll just waste away their mortgage payment when they become mortgage free.
While I was mortgage free for a while, I bougth better cars like a brand new CRV. Normally, I would have bought a slightly used CRV instead.
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Whoa there, dont get carried away!
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