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Reply to "What percent equity do you have on your home? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I knew all the “never pay off your mortgage” threads were bullsh!t! No smart person actually wants a huge mortgage hanging over their head. It looks like most people do what I did: I have 80% equity at age 43. I want a little bit of leverage to boost returns, but no way am I putting down like 10% and then never paying off any extra LIARS!![/quote] Well does anyone really own their houses? I mean don't pay the property tax one year and watch how fast the State swoops in and takes ownership. Property tax should be done away with so there is true home ownership. Of course it will be just given another name as a tax because the county needs the money to provide services but tying it a house someone spends their life paying off is just plain crazy. [/quote] You're one of those taxes are theft people aren't you?[/quote]
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