You don’t have to be wealthy:
Homes get a step up basis on inheritance like any other capital asset, and home equity loans are quite popular.
Less common but not obscure financial options include borrowing against your 401(k) or other equities.
Homes get a step up basis on inheritance like any other capital asset, and home equity loans are quite popular.
Less common but not obscure financial options include borrowing against your 401(k) or other equities.
Those who truly need it the most are typically well into the plus column on government transfer payments: On net, the government is paying them far more than they’re paying it.