Er, you should revisit what having that much spending power, even via a HELOC, would place one in terms of percentile. Your oil baron suddenly isn't far off since that graph is somewhat exponential.
Most area homeowners I know are driving Civics or Jettas and worrying about property tax assessments, so. The comment was just silly in terms of perspective and was silly to come across in a thread that already discussed privilege (for lack of a better word, I know it's loaded).
A HELOC is a monumentally terrible idea for the situation, by the way.
Ok. The bay area comment wasn't the only inflammatory hyberbole I wrote so I will gladly concede that I wrote something incongruent with all perspectives.
Most area homeowners I know are driving Civics or Jettas and worrying about property tax assessments, so. The comment was just silly in terms of perspective and was silly to come across in a thread that already discussed privilege (for lack of a better word, I know it's loaded).
A HELOC is a monumentally terrible idea for the situation, by the way.