This broke my brain a bit. Chart shows a typical $500K mortgage at 8% fixed. You’re mostly paying interest for decades. Equity only kicks in the last 7–10 years.

Total paid: ~$1.2M. Interest alone: ~$700K.

I get its pros but levering up into an illiquid asset in a post-ZIRP world .. ??

Pls help me make sense why this is sold as the safe and very normal thing to do.

You have to factor roof-over-head cost, at least when considering the investment angle. So even tho you are paying interest only, there is a utility. And while you’re living you’re exposed to price appreciation.