ST Alpha - "cash is liquid. money tied up in a mortgage is illiquid. -- nm" (Reading a Post)

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In response to "how is something that is mortgaged more liquid than something you own outright? -- nm" by zork

cash is liquid. money tied up in a mortgage is illiquid. -- nm

Posted by amanda Jul 16 '12, 10:09

(No message)

Responses:

s/mortgage/house, yeah -- nm - Beryllium Jul 16, 10:11 1
- "here's a cheque" "here's the deed" vs. "here's a cheque" "we have to wait until the mortgage company does all the paperwork" - zork Jul 16, 10:14

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