You're looking at Less Wrong's discussion board. This includes all posts, including those that haven't been promoted to the front page yet. For more information, see About Less Wrong.

Morendil comments on I want to save myself - Less Wrong Discussion

20 Post author: DanArmak 20 May 2011 10:27AM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (61)

You are viewing a single comment's thread. Show more comments above.

Comment author: gjm 09 July 2011 08:56:20PM 1 point [-]

Yes, since you can borrow with your house as collateral its emergency value (so to speak) isn't zero, but it also doesn't equal its sale value. So the right thing would be something between "net worth" and "net worth not counting primary residence". (Other illiquid assets also need treating specially, for the same reasons.)