▲ | e40 2 days ago | |
I didn't say it wouldn't. I said it didn't qualify as ready cash. | ||
▲ | JadeNB 2 days ago | parent | next [-] | |
> > Assuming they own the house outright, that absolutely does qualify as wealthy. > I didn't say it wouldn't. I said it didn't qualify as ready cash. I think you did say it didn't qualify as wealthy (https://news.ycombinator.com/item?id=45301176): > What people normally mean by wealth is easy access to cash. Someone that owns a $15M house and has very little other liquid assets is not poor, but they definitely don't qualify as wealthy. Anyway, whatever it is, I think litigating Lynch's level of wealth on HN is probably not the most useful direction for this comment thread. | ||
▲ | WalterBright 2 days ago | parent | prev [-] | |
You can borrow against the house, and spend the cash. |