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> people who are in the biggest house they are likely to own and expect to downsize That's covered by the case of "property values go down everywhere"; you onl
by JoshTriplett 2y ago
> people who are in the biggest house they are likely to own and expect to downsize
That's covered by the case of "property values go down everywhere"; you only have a problem if your property value goes down but the value of property you want to buy doesn't.
- dmurray 2y agoNo, if you have a $1m house and you're intending to downsize to a $500k house, and they both lose half their value, that's $250k less in your pocket for retirement.