### Comment:
Yeah, houses are expensive where I live too.  But you didn't say pay into your house for 10 years building equity then cash that out or use it as collateral.

### REPLY:
Yes, somehow you need to have 350,001 in equity to cash it out ;). But there are plenty of people around here who bought in 2008 and have *far more* than that in equity from appreciation rather than from amortization.

### END.