Is the thirty-year mortgage..................

...............on your personal residence a good thing or a bad thing?

Yep.  In an inflationary economy (remember those?) it is your friend.  In a non-inflationary economy it is not your friend.  If your thought is that your house is a long-term home to raise a family in, it is your friend.  If your thought is that this place is just shelter and you will be re-locating soon, it is not your friend.   As with most things, painting with too broad a brush will give you wrong answers.  The real answer is....it depends.  How about letting individual borrowers and lenders make their own informed decision?

Here is a quote from a guy painting with too broad a brush.