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by reedjosh
853 days ago
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Fine, but they can still sell it for a lump sum and rent. Thus it truly is like retirement savings. Further, a mortgage uses other people's money as leverage on an appreciating asset. Of course it's not always a great deal, but here in the states, inflation and low mortgage rates generally combine to make this a killer deal -- if you can actually get in the market at all that is. |
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