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> The point is, what's going to happen under likely circumstances? In high-demand areas, it's likely housing prices will see another bubble. > it's not guaran
by keating 18y ago
> The point is, what's going to happen under likely circumstances?
In high-demand areas, it's likely housing prices will see another bubble.
> it's not guaranteed that your home is going to double in value in five years.
We're all in agreement on that.
The point I was making is that real estate bubbles recur and so there's always the possibility of a large, rapid gain, which doesn't happen with mutual funds (correct me if I'm wrong there).
> In fact, in some parts of the country, there's a real chance that your home will be worth 50% less in five years' time.
The article specifically stipulates a "great" area. So we're not talking about parts of the country that aren't in demand. :)