Home Equity
topic on 6 shows · 6 statements across 6 episodes
Startups For the Rest of Us 
the Knowledge Project 
My First Million 
the Paul Morris Podcast 
Top Founders 
All-In
6 statements about Home Equity, every show
Morris: Waiting to Buy Costs $4,000 Annual Equity at 1% Appreciation
“35 straight months of rising prices means that waiting has a cost. Every year you wait, even at a one percent appreciation rate on the average median home, which is about 430,000 dollars, you're giving up 4000 dollars in equity plus a year of principal pay dow…”
Housel: Primary Home Equity Gains Are Phantom Wealth Unless You Relocate
“The equity that you build isn't really wealth because you, when you sell that house, you probably have to buy another one that went up in value just as much. And unless you are moving to a cheaper city, which of course that happens, You're not getting any bene…”
Almost 80% of median US retiree net worth is home equity
“So even today for when people retire, the median American, when they retire, Almost 80% of their net worth is the equity in their home.”
Chamath: Americans extracted $427B in home equity since 2020
“Since 2020, Americans have taken two, 430, I think the exact number is 427, four hundred and twenty seven billion dollars of home equity out of their homes and effectively spent it.”
Rob Walling avoids paying off his mortgage to keep investment capital liquid
“Is I actually going against the, I think, traditional wisdom is I try to keep as little cash in my home as possible. Some people want to pay their home off, but I view cash in a home as money that's tied up and money that I can't be using for all these other t…”