Quote:
Originally Posted by Run Silent
The only kind of debt I don’t beat people up over is mortgage debt, as long as it’s a 15-year, fixed-rate loan. Houses are wildly expensive, and I understand that most people can’t save up to buy a home with cash in a reasonable amount of time. Still, that doesn’t make mortgage debt a good thing.
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Or better yet, a 10 year. Talk about a quickly diminishing balance. I highly recommend it to anyone who can afford the monthly payment.