Quote:
Originally Posted by Mr.HappySilp
The mortage was paid off ages ago. I guess they feel is always nice be able to rent out the basement to help pay off the bills.
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and if their mortgages are paid off their biggest asset is probably the home they live in. am i right?
had they kept their mortgage longer lets say at 6%, they could invest the difference in a whole lot of more things at a higher return and retire with multiple income streams instead of just relying on 1 house that just may have increased in value