re: Never pay off your house?

I paid off my house in December. Early by about 3 years. The reason was simple. I had no tax advantage with mortgage interest because I put such a large down payment on it. I was below the line of making a difference from itemizing to standard tax form.

I've always bought homes, sold them for a big profit, plowed the profit into the down payment of a better home and saved myself tens of thousands in interest I never paid.

Now, I'm in my final home on the lake and my savings is increasing noticeably due to no mortgage payment. And yes, I did the same thing with cars. Never borrowed to pay for a car.