Quote:
Originally posted by Christien
The only downside I can see to it is the argument that money tied up in a house is money that isn't working. There's a good argument that you'd be better off with an interest-only mortgage and the money that would be building equity earning 10% somewhere else. But then I also like the security that home equity brings.
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But Christien, my house here in Coquitlam has increased in value by approx 30% in two years, so I figure it's a good place to "invest".