u/Effective-Feature206

Does anyone have over 500k of the equity ever consider selling it and putting it all in SCHD and just using the dividends to pay rent. With the way homeowners insurance is and the fact that a lot of these companies are not paying out and it takes years to get approval from the city to rebuild a home. I’m wondering if anyone just thinks it’s better to just be a long-term renter. I live in California and I’m considering just renting here and staying here.

Does anyone have a lot of home equity in a expensive area to live?

Do you ever consider just selling the house invest investing in all into SCHD

Living in a luxury apartment and not having to take care of anything?

I live in the Bay Area and have roughly 500 K equity if I sold