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ineedasername
on Sept 18, 2019
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NY Fed rescues overnight lending market with $53B
It's negative 5 million because you don't own it. It is a debt, and debts don't count in net worth.
SilasX
on Sept 18, 2019
[–]
If it's a typical mortgage, the asset is normally counted toward your net worth.
ineedasername
on Sept 18, 2019
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You're right, I'm wrong, it's a debt that counts against you, but also an asset that counts for you, cancelling each other out (assuming market value of the home == mortgage amount)
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