3 ms·
The long term value of real estate tends to depend much more on location than interest rate. A nice middle class suburban house in Detroit bought in 1965 may h
by trashtester 4y ago
The long term value of real estate tends to depend much more on location than interest rate.
A nice middle class suburban house in Detroit bought in 1965 may have seemed like a safe investement. Today it could be worth nothing.
Who knows where the next Detroit will be?
- mellavora 4y agocough san fransi cough