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jen20
6 months ago
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The death of partying in the USA
> if you owned a house for the last 20 years, are now richer than ever due to that property appreciating.
Only if you sell it, and move somewhere with a much lower cost of housing.
fragmede
6 months ago
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If there is a spare bedroom in your HCOL location, renting that out lets you get some incoming cash flow without having to move away to a LCOL location.
jen20
6 months ago
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You don't get "rich" from renting out a spare bedroom.
aianus
6 months ago
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HELOC and never pay it off until you die
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Only if you sell it, and move somewhere with a much lower cost of housing.