50's Couple Live Permanently on a Cruise Ship Because It’s Cheaper Than a Mortgage

[rachel83az]

Plus what do you do in 20-30 years when a.) the prices have increased substantially and b.) you maybe can't get around that well? Or, heaven forbid, you start developing something like Alzheimer's or Parkinson's? At least if you pay a standard mortgage, your payments remain steady while your equity increases. You could sell your home in 20-30 years and use that equity to live in an elder care center, retirement home, etc.