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A comment on The U.S. Housing Market vs. the Canadian Housing Market. Parent comment

Re:The U.S. Housing Market vs. the Canadian Housing Market by parthdesai on Saturday September 09, 2023 @01:42PM (#37448000)
Sure, you can take out HELOC against it, and but you're playing a very dangerous game when interests do rise. That has literally been happening right now.
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Re:The U.S. Housing Market vs. the Canadian Housing Market by medvezhenok on Saturday September 09, 2023 @05:25PM (#37450439)
Yes - the point is, by staying in your house you are now consuming more housing than you were before, even though it’s the same exact house.

The wealth is quite real - it just doesn’t feel that way since the experience of it doesn’t change

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