[poudre]

Originally Posted by Rossman

This is crazy logic that I often hear repeated and it just makes no sense. You've been conditioned by the banks if you actually believe this.

Debt is NEVER good (though largely unavoidable when buying a house) and should never be used if at all possible. If you want to get played by the banks, have fun with your "manageable debt" (this really just means the banks are "managing" to make a living off of you!).

One of the primary reasons North America is still in recession (in case you hadn't noticed!) is because of people taking on debt, instead of saving like the old days!

+1