SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: regli who wrote (40665)9/1/2005 7:52:37 PM
From: patron_anejo_por_favor  Read Replies (1) of 110194
 
>>While it is true that home equity may be an asset to an individual homeowner, its existence in no way adds to society‘s stock of savings<<

...as rather stunningly demonstrated in New Orleans this week! I know several people personally who had the bulk of their net worth tied up in New Orleans residences and rental properties. They are (to use the words of one) "ruined". It is simply an asset, and a depreciating one at that in many cases...like a set of baseball cards, or a vintage '57 chevy.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News