Crissa
Well-known member
- First Name
- Crissa
- Joined
- Jul 8, 2020
- Threads
- 127
- Messages
- 16,568
- Reaction score
- 27,594
- Location
- Santa Cruz
- Vehicles
- 2014 Zero S, 2013 Mazda 3
Home appreciation is only useful if you're tagging out.
Otherwise, you're still spending to maintain a place to live. And I don't know about you, but I put more money into my house annually than I do my car.
No matter how you cut it, the half-million dollars in a house equals buying a new Model 3 and trading it in every other year.
The problem with that home equity at the end of the period is that you still need a place to live. So you can't just 'cash out'.
-Crissa
Otherwise, you're still spending to maintain a place to live. And I don't know about you, but I put more money into my house annually than I do my car.
No matter how you cut it, the half-million dollars in a house equals buying a new Model 3 and trading it in every other year.
The problem with that home equity at the end of the period is that you still need a place to live. So you can't just 'cash out'.
-Crissa
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