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Old 01-02-2020, 11:13 AM
  #21  
JayBee
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Joined APC: Apr 2015
Posts: 608
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Originally Posted by SonicFlyer View Post
Ehhhh debt on things that depreciate is never a good thing. I understand sometimes it is necessary but should be avoided if possible.

Very good point, but you forget to factor in risk. If for whatever reason you go bankrupt, in many states they can't take your primary residence. Having a house that is paid off increases your financial security.
Guess we were typing at same time, good points.
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