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A comment on Baby boomers are becoming homeless at a rate not seen since the Great Depression. Parent comment

Re:Baby boomers are becoming homeless at a rate not seen sin... by sonotathrowaway on Monday September 25, 2023 @10:21AM (#37644222)
The current size of the heloc (home equity line of credit) market is around 336 billion dollars.
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Re:Baby boomers are becoming homeless at a rate not seen sin... by turdprincess on Monday September 25, 2023 @05:20PM (#37650812)
I’m not sure I buy this - who is looking to max out their HELOC? Of course one good reason to do that is to buy another property, but of course, this again is a chicken or egg problem where no actual gain being made.
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