Re:If you sell a house these days, the buyer might be a pens...
by dragonwriter on Wednesday June 09, 2021 @02:28PM
(#27451351)
> Property values are not real wealth, it's not real money.
I don’t know, having $100k+ more in equity than a couple years ago it acts like having an asset with real monetary value when I go to a bank looking for credit, having a big effect on both the amount of funds I have access to and the terms on which I can get them.
It’s not liquid like cash, so there is more work to take advantage of it, but its definitely real.
I don’t know, having $100k+ more in equity than a couple years ago it acts like having an asset with real monetary value when I go to a bank looking for credit, having a big effect on both the amount of funds I have access to and the terms on which I can get them.
It’s not liquid like cash, so there is more work to take advantage of it, but its definitely real.