The next massive consumer tailwind? 💨

Surging home equity has gone largely untapped 🏠

As massive consumer tailwinds like excess savings fade, one wonders what — if anything — could help fuel the next leg of the consumer spending boom that has been juicing economic activity.

In a research note Tuesday, Wells Fargo economists Tim Quinlan and Shannon Seery put a spotlight on a potential whopper: home equity.

“Strong home price appreciation in…