MuskyMelon@lemmy.world to politics @lemmy.world · 27 days agoTrump Says He Wants to 'Drive Housing Prices Up' Instead of Lowering Costs for People Who 'Didn't Work Very Hard'people.comexternal-linkmessage-square159linkfedilinkarrow-up1709arrow-down17file-textcross-posted to: neoliberal@lemmy.worldstupidpol@sh.itjust.works
arrow-up1702arrow-down1external-linkTrump Says He Wants to 'Drive Housing Prices Up' Instead of Lowering Costs for People Who 'Didn't Work Very Hard'people.comMuskyMelon@lemmy.world to politics @lemmy.world · 27 days agomessage-square159linkfedilinkfile-textcross-posted to: neoliberal@lemmy.worldstupidpol@sh.itjust.works
minus-squareJasonDJ@lemmy.ziplinkfedilinkarrow-up5arrow-down1·27 days agoThere is a use case for house values going up without selling the house…kinda. HELOCs are a great option for low interest credit, using your house’s equity for collateral. Higher value = more equity = more collateral = higher credit line.
There is a use case for house values going up without selling the house…kinda.
HELOCs are a great option for low interest credit, using your house’s equity for collateral. Higher value = more equity = more collateral = higher credit line.