Re:Why America's economy is soaring ahead of its rivals
by GiorgioG on Thursday December 05, 2024 @04:42AM
(#42326545)
If your net worth is tied up in your home (house rich, cash poor), you can't put that money into savings or investments. My house is "worth" 2X what I paid for it 11 years ago, awesome. It's not helping to pay the increase in taxes, homeowners insurance, groceries, that have gone up, up & up.
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