There are significant psychological benefits to paying off your personal house.  

This might be psychological too.Hypothetically if i contest this, will my reasons be valid? 

I feel that psychologically, the students know that if they screw up big time, Mom and Dad are going to be ticked and that's enough of a deterrent to avoid any major drama.

A lot will depend on job losses, psychological impact, and any meltdown in the mortgage market. 

Hello, I'm starting the process of finding houses to flip in the Newberg Oregon area.  We've put in a few offers but have not yet gotten one under contract.  My question is how I should present myself when I make an o...

No, it works on data, facts, math, psychology and sociological factors of economics.

Don't fall for that--that's just the aftereffects of the psychological tricks they use to persuade you to buy their big thick binders of Vaguely Useful Information for a thousand bucks before you think too hard about what the hell you're paying for.

A personal residence can be a great asset (depending on your market), but certainly isn’t an investment.At the end of the day, I would always rather own than rent if only for the psychological benefits of knowing that the mortgage payment is fixed and going towards increasing my equity rather than rent which should increase periodically and does not grow my assets in any way.

I am somewhat new to investing, I have read a lot of books on finances Psychology of Money, Rich Dad Poor Dad, The Book on Rental Property Investing ect...

My home town Milwaukee might be on the winning side: we have not really had much of a winter thus far: very little snow and temps mostly in the 40s.The reason why you see spring prices always higher than fall prices also has market psychological reasons - the market anticipates higher prices in spring and when buyers are confirming sellers notion, the price increase becomes reality.