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I didn't say it wouldn't. I said it didn't qualify as ready cash.
by e40 1y ago
I didn't say it wouldn't. I said it didn't qualify as ready cash.
- JadeNB 1y ago> > Assuming they own the house outright, that absolutely does qualify as wealthy. > I didn't say it wouldn't. I said it didn't qualify as ready cash. I think you did say it didn't qualify as wealthy (https://news.ycombinator.com/item?id=45301176 https://news.ycombinator.com/item?id=45301176): > What people normally mean by wealth is easy access to cash. Someone that owns a $15M house and has very little other liquid assets is not poor, but they definitely don't qualify as wealthy. Anyway, whatever it is, I think litigating Lynch's level of wealth on HN is probably not the most useful direction for this comment thread.
- WalterBright 1y agoYou can borrow against the house, and spend the cash.