My wife and I have no debt. We’ve never had debt. That was hard at first; we didn’t make much money.
The most debt I ever had was the $100K that I borrowed from St Marys Bank at 10.375% interest in 1990. The price of the house was $125K.
I sold that house five years later and bought another one for $175K. Borrowed $100K again at 6.25%.
Sold that seventeen years later and bought the house I am in today for $270k. Borrowed $70K @ 2.375%. Paid that off a few years ago.
I feel sorry for these young people today trying to buy a house for $600K or more in a lot of places.