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Updated over 8 years ago on . Most recent reply

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285
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Hersh M.
  • Engineer
  • Carlsbad/San Diego
97
Votes |
285
Posts

Home is the new credit card

Hersh M.
  • Engineer
  • Carlsbad/San Diego
Posted
Millennials are tapping home equity for vacations and emergency cash

http://www.marketwatch.com/story/millennials-are-tapping-home-equity-for-vacations-and-emergency-cash-2016-08-24

Most Popular Reply

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10,254
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16,113
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
16,113
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10,254
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Steve Vaughan#1 Personal Finance Contributor
  • Rental Property Investor
  • East Wenatchee, WA
Replied

How are they doing that from their parent's basements? Didn't know enough eben owned homes.  

Right before the GRC, in '06, they referred to it as using your home as an ATM.

These geniuses forgot about the cars and vacations as they whined about their jobs and cried for debt relief from the gov't.  

How short memories can be. Thanks for sharing, Hersh!

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