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If someone owns a condo and wants to buy a mansion, does it make sense for them to hope all real estate appreciates in price vs depreciates?
by VirusNewbie 4y ago
If someone owns a condo and wants to buy a mansion, does it make sense for them to hope all real estate appreciates in price vs depreciates?
- im_down_w_otp 4y agoIf they want to maximize the sale price of their condo? Yes. They’ll just have to relocate to a different housing market to buy that mansion. You just described every Californian who upsized by moving out of state. They definitely wanted their condo, bungalow, or shack to get top dollar in their market.