Homeowners are sitting on $5.4 trillion in ready cash, the most ever
 

On Tuesday, April 3, 2018 at 7:08:38 AM UTC-4, BurfordTJustice wrote:
Homeowners are sitting on $5.4 trillion in ready cash, the most ever
a.. The amount of equity today's homeowners are able to tap is at the
highest level on record.
a.. The collective amount of tappable equity is now an estimated $5.4
trillion, which is 10 percent more than at the pre-recession peak in 2005.
a.. Unlike during the last peak, homeowners today are far more conservative.
https://www.cnbc.com/2018/04/02/home...most-ever.html

My house isn't an ATM. People who treat the equity in their homes as
a source of funding for lattes are idiots.

I'll continue sitting on the equity in my house until I die or someone
hauls me off to a nursing home (preferably the former).

Cindy Hamilton