Then again, you can't spend your home price, now can you ? And home equity loans is just setting yourself up for a fall if there is a "correction".
I'm sorry, but I beg to differ with you. Unless you stop making your loan payments, how are you "setting yourself up for a fall?" When was the last time that homes depreciated nationwide? The great depression? That was seventy years ago! Where else can you get money for any purpose, and not only not pay taxes on it, but use it as a tax deduction?