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Reply to "What %age of your total assets is your home value?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We seem to be way out of balance. Net worth is $2.6 and about $1M of that is our home equity. About 38%[/quote] Depends on age. You must be quote young. As you get older, RE will become a lower percentage of your overall NW.[/quote] Not necessarily. As we paid off our mortgage RE became a more significant part of our NW, and [b]when we bought a second (non investment) house it jumped again[/b]. So while our cash/investments has increased, so has our home equity.[/quote] That's a choice you made. The second home is an investment, not 'home equity'. [/quote]
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