You could pay it off and have for example 300k dead equity which is devaluing each year with inflation and becoming worth less and less OR you can take that 300k and even with paying a 4% home loan can get 20% elsewhere.

Because this recession is driven by asset devaluation, and that is different than a cyclical downturn.

so theres been a lot of talk about the devaluating dollar , china pulling out of the us bond market and a whole array of fear inducing headlines slipped in just below justin beiber and bristal palin updates.

I want to be prepared.Callapsed stock markets,devalued currency, and higher taxes are just a few thoughts of our future.

One problem with Houston is the relative ease with which a new developer can throw up new houses, thereby devaluing (actually more holding steady) the existing inventory.Two of the reasons we sold our Houston stock was we were getting older and had much less interest in doing work and the fact that we didn't want to stay in Houston long term.I keep watching some neighborhoods where we used to own, and still have friends.

My view is that the government relies on inflation to devalue the real costs of their borrowing by confiscating value from anything denominated in dollars.

In multiple economic fronts, using dollar devaluation to make export cheaper and to cut borrowing rates, extended arm through globalization, no longer works for the USA to gain both earned and unearned income or at least have little or no effects to gain what used to be always working.

We are not Japanese, we are a society of consumers - It is really hard to cure.Also, Japan is a product-producing country and that why their GDP is high and their ability to devaluate their currency is so limited that deflation is king.

Absolutely everyone in this country will see a drop in their quality of life in a dollar devaluation stage.

To put it bluntly, it's more about getting the guy out alive before he devalues the home one way or the other - purpose is for the owner to consider a well known and used strategy to help himself.