[smegma2]

The median household net worth in the US is $193,000. The rate of home ownership is 65%. I don’t think the median American is at risk of becoming homeless during normal unemployment. Maybe you mean that the article isn’t as relevant for a global audience which is fine, but I would think that the median American lives in “the real world”.

https://www.federalreserve.gov/econres/scf/dataviz/scf/table...

https://www.nahb.org/blog/2024/08/lowest-homeownership-rate-...

[infecto]

I am not sure that means what you think it does. That’s not liquid dollars and does not mean those home owners have savings for emergencies.

[smegma2]

The median American also owns $39,000 in liquid financial assets.

https://www.federalreserve.gov/publications/files/scf23.pdf (page 22, “Financial Assets” section)

[throwaway173738]

Good luck accessing any of your home equity if you don’t have a job. I guess you could just sell your house of many years and move your family into an apartment.

[carlosjobim]

Yes, obviously that's what you have to do. And also thank God that you have that asset to sell to give you emergency cash.