This was before the home equity loan and rocket mortgage refi's. Now days, if you don't have spending discipline, owning a house does not make saving easier or

This was before the home equity loan and rocket mortgage refi's. Now days, if you don't have spending discipline, owning a house does not make saving easier or a path to wealth. You can set up a line of credit against your home equity and spend it as easy as writing a check or doing a bank transfer. Many companies are advertising to you that this is a great idea. Most of the people I know in the Bay Area who have bought homes in the last 20 years have spent most of the huge amount of appreciation that has happened to their homes.