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yogi bear-u r so right. a house is the roof over your head.its a liability,not an asset.it costs u money & u have nothing-loss or profit till u sell.homeowners were sold a bill of goods when they were told its an asset so we will lend u money against the appreciation.i paid my 30 yr mortgage in 20 yrs & never had a heloc.but all this will happen again in about 10 -15 yrs as the sheeple are stupid.
Sep 13 17:22 pm
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