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[-] FlyingSquid@lemmy.world 3 points 7 hours ago

Equity in a house is not all that helpful when the house is in an undesirable town in an undesirable state.

[-] JackbyDev@programming.dev 4 points 6 hours ago* (last edited 5 hours ago)

My point is just that a mortgage is debt while equity is an asset, so I don't think you should consider a mortgage wealth.

[-] FlyingSquid@lemmy.world 1 points 6 hours ago

Oh, I see. Yes, I agree.

this post was submitted on 07 Nov 2024
561 points (87.0% liked)

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