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Re: Wife disagreement by Anonymous on April 15, 2012 @14:35

                              
Well.........the answer is depends.......not many people pay of a house anymore. If you have the cash to buy a house you need to do some analysis to figure out if you are better off with it in the bank or buy a place outright.

Lot's of opinions on this one but in the end you need to run the numbers and consider the emotional issues surrounding the decision (location, sentimentality, etc.)

This article gives the pros and cons

http://www.investopedia.com/articles/05/011205.asp#axzz1s8S1JjR2

good luck....
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