Now it’s true that you can borrow against your home value - this is known as a home equity loan or a line of credit.
That is literally how every billionaire funds their lifestyle, just borrowing against stocks instead of home equity. If people with $4 million homes are not rich, then neither are most billionaires.
It’s also NOT literally how a typical homeowner lives their life. Those are the people I’m talking about, who are being taxed on money they don’t have.
That is literally how every billionaire funds their lifestyle, just borrowing against stocks instead of home equity. If people with $4 million homes are not rich, then neither are most billionaires.
It’s also NOT literally how a typical homeowner lives their life. Those are the people I’m talking about, who are being taxed on money they don’t have.