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European Salon de News, Discussion et Klatsch - 11. October | 102 comments (102 topical, editorial, 0 hidden)
Re: Equity (none / 0)
i thought it was what your assets are supposed to be worth.

as in....people tapped into the equity of their houses, borrowing money against their supposed worth.

The person who says it cannot be done should not interrupt the person doing it. Chinese Proverb.

by melo (melometa4(at)gmail.com) on Sat Oct 11th, 2008 at 12:27:43 PM EST
[ Parent ]
Re: Equity (4.00 / 2)
You can use the word that way, provided you remember to substract the debt.
Which is why many people now have negative equity in their house.

"The womb that spawned that thing is fertile yet"
by Cyrille (cyrillev domain yahoo.fr) on Sat Oct 11th, 2008 at 01:34:38 PM EST
[ Parent ]

European Salon de News, Discussion et Klatsch - 11. October | 102 comments (102 topical, 0 editorial, 0 hidden)
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