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by leetcrew 2055 days ago
fortunately there is a financial instrument for exactly this situation: the reverse mortgage. it's kind of absurd to treat the quintupling in value of one's home as some sort of hardship.
1 comments

Unfortunately even the intro on Wikipedia explains some problems with reverse mortgages.

Not to mention that it's kind of a lot to force, idk, 80-year-olds to take out reverse mortgages just so they can keep living in homes they've already paid for and own. Though I guess it's not surprising if people half their age don't care about their burden.

maybe I'm being insensitive, but it sounds like a problem I would absolutely love to have.