Yep. It'sThey expect that by the time you're old, that you'll have it all paid off and you won't need to pay anything but your property insurance (forget utilities, medical, animal feed, cars/gas/tuneups, and food). Or they expect you to sell it all and move somewhere smaller and let the young have your place.
Honestly, I don't know how the 30s/early 40 somethings are surviving up here. They all have multiple children and mortgages of at LEAST $2500 a month PLUS that payment towards tax, PLUS insurance and that's just the cost of the house and not everything else involved in life.