Quote:
|
Originally Posted by gatorfast
Quote:
Originally Posted by Q4P
A mortgage isn't something that I would consider debt... this is especially true if you are paying for a house you can truly afford. A house is an asset not a liability...
|
The book "Rich Dad Poor Dad" views this differently. I suggest reading it. Many people who are underwater on their homes certainly dont consider them an asset... |
The last sentence you said sums it up... if you are smart, you wont be in that situation.