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It’s all relative. You own a cheaper house now so if prices went down your absolute loss in selling would be less than someone who sells a house that’s worth le
by prklmn 9y ago
It’s all relative. You own a cheaper house now so if prices went down your absolute loss in selling would be less than someone who sells a house that’s worth let’s say 10x more than yours, maybe the next house you want to buy. Also, not everyone is in the market for a new house in the 10 years, so sure you want houses to be cheap because you’re going to be buying, but it would be the opposite if you were looking to downsize. Home prices going up means personal net worths going up - most people like that.