I dunno badge
I guess it's because everyone has to pay for their accomodation one way or another.
My own experience of 'owning' a house is that it costs considerably less than renting one.
If I was renting right now I'd be paying two to three times more each month for something shitter.
( tangledupinblue hairy badge with moving eyes, Tue 12 Feb 2013, 15:19, 1 reply, 12 years ago)

I know, but I think you're missing the point.
Of course it makes financial sense, but it's still a debt, in the same way a credit card or a loan is a debt.

I'm not arguing against buying a house. I'm wondering why it is that some people cheerfully fail to see that as having a debt.
( the mighty badger Aphrodite, on a bar stool, by your side, Tue 12 Feb 2013, 15:23, Reply)

I understand your point fully and I do regard my mortgage as a debt.
I suppose to go back to my original post - only buy things you can afford - I bought a debt that I could afford to repay.
( tangledupinblue hairy badge with moving eyes, Tue 12 Feb 2013, 15:27, Reply)