2 ms·
> I tried bringing up the fact that prices and things simply cannot always go up in value My observation is that house values usually don't go down. Since peop
by huherto 10y ago
> I tried bringing up the fact that prices and things simply cannot always go up in value
My observation is that house values usually don't go down. Since people refuse to sell at a lose. But values can go up really slowly. Like it may take years and years.
- ap3 10y ago>My observation is that house values usually don't go down. Since people refuse to sell at a lose. Where were you between 2009-2012? When you have to sell you sell. You got divorced, or transfered, can't make payments, neighbor got foreclosed? You are taking a loss. >But values can go up really slowly. Like it may take years and years. This is just inflation - subtract taxes, maintenance and opportunity cost