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Real Estate
Reply to "Do people with 1.8mil+ houses have mortgages?"
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[quote=Anonymous]Mark Zuckerberg has a mortgage. Paying $2MM cash for a home in a 2%-3% IR environment is insane. Still true at current rates, though slightly less so. That said our house is 1.8 now (1.2 when we bought) and we paid 20%, mortgage was around $1MM. No way we just had enough cash lying around, but wouldn’t have paid any more even if we did. [/quote]
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