Quote:
Originally posted by Christien
Well, yeah, ok 30% in 2 years is pretty damn good!  However equity is still money tied up, in that you always need a place to live, so unless you're willing to sell when the price gets high to realize a gain (like you would with stocks) your house could increase 1000% and you wouldn't be any richer.
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Another financial tool I'm considering in conjunction is borrowing penny for penny against all interest payments, and investing in some other investment vehicle; Therefore converting my interest debt into investment debt. This would allow me to write off my interest (something we can't do in Canada as opposed to the US).