Yes. Well it's kind of like my house. The money they say it's worth currently is insanely more than it is worth, by a long shot. So yeah I could sell it now and go sit on the beach for a few years. But then what would I do? I'd have to turn around and I'd still need a home in the same insane market. The real benefit is if I moved to Kansas or something. But I have not been able to convince my wife to do that.
But it's kind of fun to have equity on paper, regardless of how useless it is.
I am trying to find the narrow exceptions to that dilemma though. Like I'm signing up to buy a Ford Maverick which is guaranteed to come to me at the stated price, regardless of what the rest of the market is doing. Now in that particular situation I might end up with a good bargain all things considered. (Especially with the maverick, because due to limited availability, I could probably turn around and sell it and make a profit. But instead I'm going to love my little pickup.)