[xormapmap]

> I just don't see any of the upsides that so many people seem to.

The way I see it I'm going to be paying a mortgage either way. I'd rather it be my own than my landlord's.

[paulcole]

Why exactly?

I'm fine with paying for someone else to own the roof over my head. I've just prioritized keeping that cost as low as possible so I can do other things with my money.

[jjav]

> > The way I see it I'm going to be paying a mortgage either way. I'd rather it be my own than my landlord's.

> Why exactly?

Because if it is your mortgage, it has an end date. After that your housing costs drop dramatically. If you time it so that your housing costs drop dramatically near the time your income drops dramatically in retirement, it's a good combination.

[MattPalmer1086]

I can see two main reasons. When the mortgage is paid off:

1) you own a valuable asset. 2) your cost of living falls dramatically.