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Real Estate
Reply to "Do people with 1.8mil+ houses have mortgages?"
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[quote=Anonymous][quote=Anonymous]We bought our 1.7 million dollar house in 2017 with cash. No mortgage. It is now worth $2.6 million. We have made more in the last 5 years from this investment than anything else we would have invested the cash in. We have additional funds invested so this keeps things diversified. [/quote] The stock market has made that much and then some until this year. And your home's value isn't going to go up that much in the next couple years. AND you'd have to sell your house to see any of that profit anyway. So, no -- I'm not impressed.[/quote]
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