I’m not sure why home owners have such a hard on for increasing home prices. Unless you plan on retiring to a lower cost area or own income properties I’m not really sure you’re benefiting much.
Everyone wants more money, this isn't exactly a brain buster
people love HELOCs
Everyone should have a HELOC open but not used for emergency cash even with an emergency nest egg.
I have one for that reason. But from what I've been told, a bank can freeze those lines of credit at any time. Some people actually tell you to move the cash to another bank. Obviously you pay interest on that, but rates are so low it might be worth it to you. I'm not doing that FWIW, but I could see why someone might.