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^Our paid off house had a 3% 15 yr mortgage at the time we last refinanced but we just wanted to be free and clear of a house payment as we wanted no debt whether it be a house or car.
I don't even really consider our house when considering retirement as I need a place to live. Our house is worth double what we paid back in 2006. I suppose that's decent.
I do agree though. Home ownership isn't for everyone. There are lots of costs that go into owning a home. On average and over the course of 10 years, you're looking at $500+/mo in additional costs when considering maintenance, repairs, equipment to maintain (lawn mowers and such), etc. compared to just renting. Some months and/or years are better or worse than others. Then there's insurance, property tax, etc. Painful.
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They're lying to you.
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