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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why do you need your house to appreciate in 10 years?[/quote]

Is this a serious question? It's a good way to build wealth. From 2009-present my townhouse has appreciated $300k. Tax free. [/quote]

Great, but that is not normal - you lucked out. If you are expecting that kind of return in Columbia you are completely insane. It sounds like it’s a good fit for your family but it’s not a get rich quick scheme.[/quote]

OP here- I'm not expecting to get rich on a house in Columbia, but I do hope one of my largest investments will not stagnate or decline in value, either.  I don't expect to live in Columbia for the rest of my life, so at some point I'll want to sell and use the proceeds toward my next home.  It would be nice if the value kept up with inflation, at least.

Having done some more research tonight, it actually looks like homes in Burke, VA area also selling for prices similar to 2008.  We've been renting in Arlington, then Silver Spring, for the last 10 years, and I've seen the crazy appreciation there.  I was under the impression that the whole DC region had benefitted, but it looks like the appreciation is more tightly confined or driven by more local factors.  [/quote]

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