<My own home equity increase is presently at 475% to the good since 1999>
Are you stupid? Subtract from your fantasy gain, 9 years of property taxes, interest pmts., new dishwasher, new carpet, fix the leaking roof, paint the entire house interior and exterior, the travertine you had to have in the bathroom, fertilizer for the grass, electricity, natural gas, water, sewer, insurance, mexican gardener, mexican housekeeper, mexican window washer.....
Now how much is left? Want to monetize? Sorry, you can't. You can't because you have to live somewhere, You'll either have to buy another sinkhole house or rent. Either way, you're trapped.
LOL!!! |