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When you finally by your own house
(lemmy.ca)
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A collection of some classic Lemmy memes for your enjoyment
Better to work off that debt over 10-30 years (which is what mortgages usually run for, not 40) and then be able to sell the house and get your money back than paying rent for 10-30 years and have nothing.
True, also best to not pay off your mortgage. It is a line of credit if worth more than you owe. Once you pay it off that credit line is gone.