My mortgage is $16,508 a month! WHat do you think about that!

Anonymous
Anonymous wrote:I'm more concerned about your grasp on grammar than your PITI.


+1
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why do you have a mortgage?








Because when you are that rich a mortgage = free money.


In what way? If you're that rich, you can't even deduct the interest. You're just paying more for your house.


Ultra high net worth individuals get incredible mortgage rates. Basically 1%. It's practically free money. If rates go up, you have the cash to simply pay it off but in the meantime you can get a 12% return on that money
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Why do you have a mortgage?








Because when you are that rich a mortgage = free money.


In what way? If you're that rich, you can't even deduct the interest. You're just paying more for your house.


Ultra high net worth individuals get incredible mortgage rates. Basically 1%. It's practically free money. If rates go up, you have the cash to simply pay it off but in the meantime you can get a 12% return on that money


NP - We are a high HHI family. We had a mortgage which adjusted down to 1.99% during the housing bust. DH paid it off, though.
Anonymous
How sad that this is how you define your worth OP. I hope you find peace and fulfillment one day.
Anonymous
Still wanna see pics!
Anonymous
This dumbass has a mortgage bc she lives trust check to trust check. Likely very little liquid net worth ... future inheritance, perhaps, but for now she's living on her monthly stipend from the family trust (likely earned through ill gotten gains as is most of the foreign capital around here).
Anonymous
Anonymous wrote:Why do you have a mortgage?


Cuz the OP is a dumbass!
Anonymous
Is English your first language?
Anonymous
Anonymous wrote:You should help a poor family have the dream
Of a home. Genishiro kawamoto bought a bunch of mansions in the posh kahala neighborhood on Oahu and gave homeless
family's 10 years free rent.


Please, Kawamoto gave them 2 years and then served them one-month eviction notices when the market recovered. He blighted Kahala with his tacky statues-filled properties and let numerous homes run down.
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