Most people believe that mortgages are either something of a human right or a convenient way to reduce the expenses associated with renting — building capital, as my octogenarian grandpa says. His large, mostly unmortgaged house with a sea view (recently sold for an impressively inflated number) is “literally clouding his vision on this topic,” as I’ve put it before.

In late-stage fiat, the prime benefit of a mortgage isn’t said stability of owning one’s home… but to be short dollars, in the safest, most accessible way there is.

By financing my college education via cheap debt that depreciated in real terms, I acquired an asset that keeps paying financial dividends in terms of professional opportunities; all it saddled me with were liabilities that become easier to carry the more our monetary overlords inflate the money. Safe bet.