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Re:Raise the capital gains tax and treat investment earnings... by icedchai on Monday January 28, 2019 @07:29PM (#19022588)
Keep in mind that not everywhere has Bay Area real estate prices.

I bought my place for 150k back in 2002. I paid it off in less than 7 years, and have been mortgage free for over a decade now. I know another guy who did something similar, paying off his place is less than 6 years.

I realize this is very uncommon. Most people I know are perpetually refi-ing, and have no desire to ever pay off their mortgage.

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