3 ms·

I don’t think so. Once your house value falls, you can’t move anywhere else.

• josefresco 3y ago
  If your home value increases, because regional home values increased, you also can't move!
• HDThoreaun 3y ago
  Many(most?) people do not plan on ever moving.
• Beached 3y ago
  why not? if my home value falls, presumably the one I'm going to move into fell as well.
• JohnFen 3y ago
  That's only relevant if you intend on moving someplace else. Most people I know who own homes have no intent of ever vacating them.
• bcrosby95 3y ago
  If my house value falls, broadly speaking, other ones fall. If my house value raises, broadly speaking, other ones raise. Buying a house means, generally speaking, I can kinda "guarantee" I can afford that "quality" of house. It's like having a housing share that I can exchange for another similar house.