Quote:
Originally Posted by sperry
Assuming the market flattens out like I expect, I'll *lose* $64,000 in 5 years if I buy a $350,000 home.
|
That's a big assumption; personally I think it's wishful thinking to expect the current real estate market to just be a "bubble" which will burst and bring prices magically back down to "normal". Prices have been trending upwards for at least the past 20 years, especially on the west coast, it's not like it's a new thing... they flatten out at times, but overall they always go up.