3 ms·
if you live in the bay area and have a normal nuclear family, you need equity if you hope to pay for a house, college, etc. Then holy hell am I glad I don't li
by untog 11y ago
if you live in the bay area and have a normal nuclear family, you need equity if you hope to pay for a house, college, etc.
Then holy hell am I glad I don't live in the Bay area. Because, as the article demonstrates, there is zero guarantee that the equity you have will be worth anything. That you'd depend on such a thing to pay your mortgage and send your kids to college? Madness.
- encoderer 11y agoIt's not like you sign a contract that says you must remain here for 20 years. Read the Wealthfront article linked in a sibling comment.