renting : dead money ?, page-110

Bundylee,

Are you prepared to work for 10 years to pay off a house?

I see no value for your output to reward in that.

People have put housing on a pedestal. I won't let it intimidate me I am too strong for that.

In your 20's or 30's why would you lock in to a mortgage when the trade off is all your capital in an un productive asset that could be compounding and building your asset base in other words multiple properties - later - in life