Comment

That decision is true today, but realistically your rent will grow much faster than your mortgage (plus escrow) payment, and your mortgage payment goes away.

source

Sort:hotnew top

rc__buggy@sh.itjust.works ⁨1⁩ ⁨day⁩ ago
As long as interest is lower than stock market return your mortgage should never go away

source
- Bgugi@lemmy.world ⁨1⁩ ⁨day⁩ ago
  Sure, but when you refi to invest, it’s not really “paying for somewhere to live” any more
  
  source
  - rc__buggy@sh.itjust.works ⁨1⁩ ⁨day⁩ ago
    Well OK. Will not help anyone paycheck to paycheck. If the person can get out of that trap, then into the market they go
    
    source