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#2 | |
Supporter
Join Date: Sep 2000
Location: Hollywood, CA
Casino cash: $10053648
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Quote:
Let's say you purchase a home for $500k and tens years later, that same home is worth $1.5 million. That's doesn't automatically mean that the owner has $1 million dollars in his pocket. It's equity, not cash. The only way it becomes liquid is by selling the asset, which is something I doubt Glass is ready to do. |
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Posts: 88,960
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