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Reply #33: i'd bet a lot of older DUers have more net worth [View All]

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protect freedom impeach bush now Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-17-03 04:28 PM
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33. i'd bet a lot of older DUers have more net worth
IF you have owned a home in Calif for over 20 yrs...

your net worth is WAY over $150K....unless you've been
on a spending spree for the last 20 yrs....borrowing
against your equity.


MOST who have owned a home 20 yrs have a met worth of a least
$50K nationwide, due to appreciation.

I even have a net worth quite a bit more due to
appreciation of home value......BUT still sucks, because
that also means i pay more property taxes too.
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