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Dave Wilson's avatar

The investment in home equity is absolutely sick. I just watched my wife's grandmother's home sell with most of the equity built up over the years go to medicaid to pay for her care in a nursing home that was run by a private equity outfit. It makes you want to throw up, but food is too expensive to waste. Seems there is a line to pick apart the remains of a lifetime.

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Melody Wright's avatar

That home debt product imo is just another version of those private notes which I think is a much bigger space than people realize. Thank you and great post.

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