At What Age...

[BryanBusby]

Originally Posted by Marcellus

I would have had mine paid off in the next year or 2 but 2 years ago we bought a nicer place and sold the old one. While it put me in more debt the equity in my new house will far surpass the value of my old house even once the old one would have been paid off. The location just has a low ceiling due to comparable even though my house was in a cool spot.

We will stay in the new house for another 10-12 years then downsize and pocket the difference and have the retirement house paid for.

As many have noted with a <3% Interest rate and the value growing way faster than that its a good investment.

I know the housing boom is about to go bust eventually but the value of my house is up 33%+ since I bought it about 2 years ago as well.

I got a good deal on it right before things went crazy.

You know, I keep hearing the crash is coming and doom and gloom and I'm just not seeing it. At least in the lower end market.

Rates have gone up and houses are still flying.