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Reply to "Counting home value in net worth"
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[quote=Anonymous]Of course home equity is net worth. When people don’t count it, they’re identifying investable wealth that generates a return to cover expenses. That’s fine, but technically, a paid house is a paid rent bill/lower monthly expenses, and its equity can be converted to investable or useable wealth by selling the property or taking an equity loan. In the long-run, it’s all fungible. [/quote]
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