A note from Sary

Ch.15 SEVEN SLOWLANE DANGERS 3) THE DANGER OF YOUR HOME Home equity is lauded as a middle-class wealth vehicle. Many gurus shout from the rooftops, "Retire on your home equity!" and "Your home is an asset!" Capital BS. The Slowlane HOPES that real estate values always rise, and it's patently false. In 2008, the value of my home equity plummeted by $800,000. I disavow my home as an investment, and thankfully, I do not rely on it.

Sary The Millionaire Fastlane, page 98 · January 9, 2024 Save to shelf
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