Quote:
Originally Posted by jmecklenborg
Some people don't consider equity in a primary residence to count toward one's net worth.
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And yet for the vast majority of the middle class, primary residence equity is usually one of the biggest household financial assets, often #1 or #2.
I fully understand why many like to discount it, but it's still a very real asset (ain't nothing realer than
real estate), even if it's pretty un-liquid.