Quote:
Originally Posted by albionmoonlight
So if at the end of, say, 15 years, you can say that if you had bought a worse house and put the difference between the two mortgages in the stock market, then you would have more money, that's fine.
But you have to also, somehow, account for the fact that you got 15 years of consuming a better house than you would have otherwise.
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Good thought but TBH this wasn't ever a consideration. I just wanted peace.of.mind.
Worried during the GR, we made a commitment to spend all excess to paying off the house (even though we had a 15 year at about 2.75% I think). We knew we would probably come out much further ahead in stock market vs house appreciation (e.g. average but not in a hot market).
It is knowing no one could kick us out and only payment was the annual property taxes.