Home is the new credit card

[Hersh M.]

Millennials are tapping home equity for vacations and emergency cash

http://www.marketwatch.com/story/millennials-are-tapping-home-equity-for-vacations-and-emergency-cash-2016-08-24

[Steve Vaughan]

How are they doing that from their parent's basements? Didn't know enough eben owned homes.  

Right before the GRC, in '06, they referred to it as using your home as an ATM.

These geniuses forgot about the cars and vacations as they whined about their jobs and cried for debt relief from the gov't.  

How short memories can be. Thanks for sharing, Hersh!