RehRomano@lemmy.ca to Canada@lemmy.ca · 10 months agoHomeowners Refuse to Accept the Awkward Truth: They’re Rich - Owners of the multi-million-dollar properties still see themselves as middle class, a warped self-image that has a big impact on rentersthewalrus.caexternal-linkmessage-square87fedilinkarrow-up1218arrow-down151cross-posted to: hackernews@derp.foo
arrow-up1167arrow-down1external-linkHomeowners Refuse to Accept the Awkward Truth: They’re Rich - Owners of the multi-million-dollar properties still see themselves as middle class, a warped self-image that has a big impact on rentersthewalrus.caRehRomano@lemmy.ca to Canada@lemmy.ca · 10 months agomessage-square87fedilinkcross-posted to: hackernews@derp.foo
minus-squareAux@lemmy.worldlinkfedilinkarrow-up1arrow-down2·10 months agoIf you leverage your equity to buy bread, you’ll be homeless very soon.
minus-squareAux@lemmy.worldlinkfedilinkarrow-up1arrow-down3·10 months agoIt doesn’t increase out of thin air.
minus-squareAux@lemmy.worldlinkfedilinkarrow-up1arrow-down1·10 months agoYou’re confusing house price with equity.
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If you leverage your equity to buy bread, you’ll be homeless very soon.
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It doesn’t increase out of thin air.
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You’re confusing house price with equity.