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>In particular, throughout the 1990s and 2000s, home equity was a very real way for middle-class Americans to accumulate family wealth I think that is fundamen
by thfuran 1y ago
>In particular, throughout the 1990s and 2000s, home equity was a very real way for middle-class Americans to accumulate family wealth
I think that is fundamentally bad. If owning a house is a way to accumulate wealth, having shelter is becoming increasingly unaffordable.
- RainyDayTmrw 1y agoOh, I 100% agree that this was, and is, a bad system. But given the system that exists, all else being equal, I think it's better that access to the system was more widespread.