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re: Never pay off your house?

Posted on 3/10/09 at 11:11 am to
Posted by igoringa
South Mississippi
Member since Jun 2007
11876 posts
Posted on 3/10/09 at 11:11 am to
I have consciously made the decision not to pay down my mortgage with extra cash for just the 'oh shite' reason....

Uniform mortgage we-works, writedowns (as Roubini talked about yesterday) are not out of the question and if such happens I would rather be more levered in that scenario.

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