Quote:
Originally Posted by retiredguy123
Not counting the value of the home makes no sense to me.
|
Quote:
Originally Posted by Kenswing
Especially when so many pay cash for or have paid off their mortgage. How can that not be considered in any net worth calculations?
|
I believe I read an explanation in another article that referenced the same study but I don't recall what the reasoning was.
I'm not sure where the study got their information from. I know I never provided my net worth to anyone. Perhaps the source of information did not include home value.
__________________
Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works.
Confirmation bias is real; I can find any number of articles that say so.
Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough
|