I put a larger than necessary deposit down on a house. I have been thinking that it was "earning" the house appreciation rate. Now I'm thinking that doesn't make sense because the house appreciates the same, and I get the same profit at the time of the sale, no matter how much money is in the house or was put down on the house.
So instead of earning a theoretical 5% appreciation rate, I'm just losing a 7% theoretical stock market rate on the same amount of money.
Right?
Thank you!