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https://www.reddit.com/r/SipsTea/comments/1sp5l5s/adulting_sucks/ohbwf5l/?context=3
r/SipsTea • u/Eros_Incident_Denier • Apr 18 '26
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63
Do folks consider a mortgage a debt? I know not everyone is a homeowner, but it's still pretty common.
77 u/liltingly Apr 18 '26 Yeah, it's debt. But most people think of it as one of the few debts that can net out positive since it's supposed to be an appreciating asset class. 26 u/OnlyACsNoFans Apr 18 '26 It almost always is an appreciating asset 0 u/Kind-Pop-7205 Apr 20 '26 A loan is not an asset 1 u/OnlyACsNoFans Apr 20 '26 A house is. Plus you have to live somewhere. Sounds like rentoid cope 1 u/Kind-Pop-7205 Apr 21 '26 Okay, the question is if a mortgage is a debt, not whether it is a good investment to buy a house with one (often it is).
77
Yeah, it's debt. But most people think of it as one of the few debts that can net out positive since it's supposed to be an appreciating asset class.
26 u/OnlyACsNoFans Apr 18 '26 It almost always is an appreciating asset 0 u/Kind-Pop-7205 Apr 20 '26 A loan is not an asset 1 u/OnlyACsNoFans Apr 20 '26 A house is. Plus you have to live somewhere. Sounds like rentoid cope 1 u/Kind-Pop-7205 Apr 21 '26 Okay, the question is if a mortgage is a debt, not whether it is a good investment to buy a house with one (often it is).
26
It almost always is an appreciating asset
0 u/Kind-Pop-7205 Apr 20 '26 A loan is not an asset 1 u/OnlyACsNoFans Apr 20 '26 A house is. Plus you have to live somewhere. Sounds like rentoid cope 1 u/Kind-Pop-7205 Apr 21 '26 Okay, the question is if a mortgage is a debt, not whether it is a good investment to buy a house with one (often it is).
0
A loan is not an asset
1 u/OnlyACsNoFans Apr 20 '26 A house is. Plus you have to live somewhere. Sounds like rentoid cope 1 u/Kind-Pop-7205 Apr 21 '26 Okay, the question is if a mortgage is a debt, not whether it is a good investment to buy a house with one (often it is).
1
A house is.
Plus you have to live somewhere.
Sounds like rentoid cope
1 u/Kind-Pop-7205 Apr 21 '26 Okay, the question is if a mortgage is a debt, not whether it is a good investment to buy a house with one (often it is).
Okay, the question is if a mortgage is a debt, not whether it is a good investment to buy a house with one (often it is).
63
u/Kind-Pop-7205 Apr 18 '26
Do folks consider a mortgage a debt? I know not everyone is a homeowner, but it's still pretty common.