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How would your point of view differ if you had bought your house right before the crash? Your entire outlook on the wisdom of paying yourself via principal vs a landlord seems to be based on your particular (lucky) circumstance that you got into the market at a time where your monthly cost for mortgage was comparable to rent prices at the time. So locking it in time was a good decision.
That is not the case anymore. I have presented numbers to support that argument, even if it's overly simplified for simple calculations.
And you're seemingly ignoring the distinct possibility that housing prices may tank, at which case locking your rate at twice comparable rent would be a terrible situation.
Right now, my money is parked in other investments. We are keeping an eye on the housing market, but paying $300k as a down-payment for the privilege of doubling my monthly housing cost does not seem like a financially prudent decision, when my money is making more in its current investments. And given that if we took a loan out now, we'd probably refinance for a lower interest rate at a later time, reseting the interest/principal schedule anyway.
This is the reality of the market right now. Your outlook is not applicable in today's paradigm.