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Could home equity be a great equalizer when it comes to wealth disparities? Krakenimages.com / Shutterstock.com
Editor’s Note: This story originally appeared on NewRetirement. Even with home prices falling over the last year in many locations, home prices remain high. And, if you have owned a house for more than three years, you have probably seen measurable appreciation. Let’s explore a bit about home equity and why it is so important if you are anything but a member of the upper class.