4 ms·

What assets? That Ram on the driveway loaded with a bike/jetski/boat on a trailer? 50' TV? iphones all around? its all on lease 40 days away from being repo'd.

• WalterSear 10y ago
  This has totally never happened before. https://us-history-the-great-depression.wikispaces.com/Easy+Credit https://us-history-the-great-depression.wikispaces.com/Easy+...
• sosborn 10y ago
  My house is an asset yet I owe quite a bit of money on it. Which way does it tilt the balance sheet for this survey?
  • shorttime 10y ago
    Worth - mortgage principle = savings.
    • metaphor 10y ago
      I can think of one reasonable instance in which home equity may have equivalent liquidity as a savings account: when filing for bankruptcy.
    • sosborn 10y ago
      Not for this survey though. It looks like it is purely about money in a savings account, which is a pretty poor measure.
  • cptn_brittish 10y ago
    Since it's talking about savings I would assume it means highly liquid assets I would assume a house wouldn't be liquid enough to use in the survey just stuff like how much money you have saved.