I would agree bigtime. With the govt practically giving money away it is foolish to dump capital into an asset that will at best appreciate very slowly and at worst depreciate. At some point in the future when rates are soaring people who have capital will be able to take advantage of fantastic opportunities. This will not be in the near future but it will happen. In the early 80’s the interest rates on long term bonds were double digit. So imagine paying 5% on your mortgage and making 10% on the investment rather then paying off your home.