Property Investment 101: The longer the mortgage tenure, the higher the interest payment. Bad thing, right?

Imagine never ending rental for generations and you will understand why this is the case in all countries where the people do not own their own property. Then again, if you are earning way above everyone else, then property or no property does not concern you. You can even afford to stay in different 5-star hotels every week. The below is more for typical working people who needs a property.