View Single Post
      12-13-2019, 03:13 PM   #81
Humdizzle
Brigadier General
6024
Rep
3,610
Posts

 
Drives: GT3 + M2c
Join Date: Oct 2016
Location: Missouri

iTrader: (0)

i don't get the house equity thing...

sure it goes up for you, but if you're planning on staying in the same area and keep the same job, then houses have gone up for everyone. So its a wash. And the market cycles: it may go up for a few years and then it'll come down. I don't know too many people who said 'oh look the equity is up, lets sell and move somewhere else and use that profit for a supercar!
__________________

2018 Porsche GT3 6MT
2021 M2C DCT
Previous: Ferrari 458 | R35 GTR | F80 M3 | E46 M3 | E36 M3 | Scion FRS
baege1320.50