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A comment on The side of Paul Allen I wish more people knew about. Parent comment

Re:The side of Paul Allen I wish more people knew about by rubidium on Saturday June 29, 2019 @09:54PM (#20315917)
He’s had 20-30 years to make mortgage payments.
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Re:The side of Paul Allen I wish more people knew about by jacquesm on Sunday June 30, 2019 @12:05AM (#20316268)
And has not paid off the mortgage.
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Re:The side of Paul Allen I wish more people knew about by remote_phone on Sunday June 30, 2019 @09:43AM (#20318155)
No we haven’t. Our decision is to pay off the mortgage as slowly as possible. The interest rate on the mortgage is 3.5% so if inflation rises significantly, we will be paying negative real interest rates for much of the duration of the mortgage.
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Re:The side of Paul Allen I wish more people knew about by jacquesm on Monday July 01, 2019 @07:34PM (#20330774)
Historically inflation is approximately 3% on average, also, re-financing your mortgage could be very advantageous for you, the lowest rates you can find right now hover around 1.7%.
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