It depends on why, what, and how often.
"It depends on why, what, and how often."
Of course it does, that's why I said that a blanket statement that any borrowing against equity was bad.
An interest only loan to get home improvement work done 2 years before you sell it is a bargain esp considering that you get to write off the interest and you get to enjoy the work you had done for 2 years before you sell it for example. (That's what I'm about to do) I can think of a lot of other scenarios where it makes sense to use equity.