Assertion: paper wealth | /r/AtLocation | exchange
Facets:
value: for a larger quantity of money
type: PURPOSE
Source sentences:
text: For example, if one owns a house and its assessed value increases (relative to the general price level, i.e., assuming no inflation) then one's paper wealth has increased – the asset has increased in value, meaning it could in principle be sold in exchange for a larger quantity of money, but one's real wealth is unchanged – the real asset is still the same house.