If you buy a house and it appreciates 40%, you can borrow against that equity. Y... | Hacker News

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		bachmeier on Nov 1, 2024 \| parent \| context \| favorite \| on: The economy is going great, except for the housing... If you buy a house and it appreciates 40%, you can borrow against that equity. You've got a heck of a cushion in the case of any negative event. Including losing your job.

rangestransform on Nov 1, 2024 [–]

Letting a majority of voters benefit from their home equity was a colossal mistake that will harm society for ages to come

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