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Reply to "FYI: Don't include home equity in net worth"
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[quote=Anonymous]The real way to do it would be to adjust the equity in the house for present value of anticipated upkeep. Like if you have 250K in equity but you know it needs a new roof and a new kitchen in the short term, it’s probably only really 150K in equity. But this is too hard for most people to figure/anticipate. [/quote]
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