Originally Posted by Daimo

Because at the end of it, I can sell my house when im retired, make a huge profit, then move to another country and live off the money for the rest of my life. Call it a long term saving account.

Those who rent will only have their pension.

Plus its nice to own something and call it YOURs, not just a place you rent.

PS, currently i have a 30 year mortgage, and have no issues, esp as i've got a cracking house