RehRomano@lemmy.ca to Canada@lemmy.ca · 2 年前Homeowners 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-square90linkfedilinkarrow-up1216arrow-down151
arrow-up1165arrow-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 · 2 年前message-square90linkfedilink
minus-squareAux@lemmy.worldlinkfedilinkarrow-up1arrow-down2·2 年前If you leverage your equity to buy bread, you’ll be homeless very soon.
minus-squareAux@lemmy.worldlinkfedilinkarrow-up1arrow-down1·2 年前You’re confusing house price with equity.
If you leverage your equity to buy bread, you’ll be homeless very soon.
Not if your equity is always increasing
It doesn’t increase out of thin air.
In Canada it does lol
You’re confusing house price with equity.