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If I tried to tell my grandmother (or my mother) that she could borrow against her home and arrange to have more income (we'll ignore the fact that she literally counts every cent) she'd have me locked up for insanity!  It's a matter of pride for a lot of people (old AND young)in this country to actually own their homes free of debt.

We are all in the gutter, but some of us are looking at the stars. Oscar Wilde
by Sam on Mon Mar 26th, 2007 at 07:28:20 AM EST
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I'm assuming they can afford their heating bills?

"It's the statue, man, The Statue."
by Migeru (migeru at eurotrib dot com) on Mon Mar 26th, 2007 at 07:52:54 AM EST
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In her relatives' cases, yes. Not in all cases - and they still wouldn't go for it.
by Colman (colman at eurotrib.com) on Mon Mar 26th, 2007 at 07:55:49 AM EST
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