4 ms·

> if you owned a house for the last 20 years, are now richer than ever due to that property appreciating. Only if you sell it, and move somewhere with a much l

by jen20 1y ago

> if you owned a house for the last 20 years, are now richer than ever due to that property appreciating. Only if you sell it, and move somewhere with a much lower cost of housing.

fragmede 1y ago
If there is a spare bedroom in your HCOL location, renting that out lets you get some incoming cash flow without having to move away to a LCOL location.
- jen20 1y ago
  You don't get "rich" from renting out a spare bedroom.
aianus 1y ago
HELOC and never pay it off until you die