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You and I are in a growing minority on this, I find. When I started my homebuying journey four years ago, I did so expecting to eat an on-paper devaluation of u
by stego-tech 1y ago
You and I are in a growing minority on this, I find. When I started my homebuying journey four years ago, I did so expecting to eat an on-paper devaluation of up to 50% during my lifetime - and was fine with that, because I wanted stability, not profit.
- s1artibartfast 1y agoThat makes sense if people have more and more of their assets tied up in home value. It's a positive feedback loop. I assume that 50% markdown wouldn't be a 50% loss on your assets or retirement.