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You don't realize that many people (less since 2008 albeit) use home price increases as a piggy bank via home equity lines of credit. Personally I think it's f
by hiram112 10y ago
You don't realize that many people (less since 2008 albeit) use home price increases as a piggy bank via home equity lines of credit.
Personally I think it's financially absurd, but then again I'm a single guy. If I had 2 kids in college, a spouse that just lost a job, medical emergency, I could see how tempting home equity might be.