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Paying off your mortgage is one of the absolute worst investments you can possibly make in an environment where house prices are rising.

If they stay still or decline by all means, pay it down faster, but otherwise DO NOT pay off your mortgage early. Invest the extra cash in some cheap index fund instead.

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How would the current price of your house influence the performance of a mortgage? Is there some threshold on the current house price above which mortgage interest stops being deductible?

Cheap index funds don’t usually have long term returns that are higher than mortgage interest rates + maintenance.

If anything, in current markets more property is a better investment, and you can take advantage or gearing.

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