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Those are the people who are taking risk by investing in real estate. They don’t need bailouts.
by spoonie 8y ago
Those are the people who are taking risk by investing in real estate. They don’t need bailouts.
- tonyedgecombe 8y agoSome of them are just buying a home, I was caught in this when I bought my first flat, prices fell by 25% and I found it very difficult to move when my job moved.
- spoonie 8y agoThat’s risk vs reward though. You take the risk that prices will drop (and that you will have less flexibility to move) in exchange for the reward that prices will rise (and for a slightly more stable cost than renting, sometimes). You can’t have it both ways.
- tonyedgecombe 8y agoThere is no reward for rising prices as I need somewhere to live, I likely won’t realise those gains.