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"House poor" is an oxymoron. They have the option at any time to sell their house to get liquid. I can have ten gold bars and choose to live like a miser becaus
by carlosjobim 2y ago
"House poor" is an oxymoron. They have the option at any time to sell their house to get liquid. I can have ten gold bars and choose to live like a miser because I don't want to touch my gold, but everybody would call that ridiculous. Just as ridiculous are "house poor" who don't want to touch their real estate wealth. But we can't say that, because everybody reading this has relatives who are "house poor", and we all have to work together to keep up the lie.