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Money and Finances
Reply to "spinoff: Dave Ramsey and second houses"
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[quote=Anonymous]we bought in 12/2005 at 340K and then the value lost about 100K almost immediately. It has crept back up over the last 9 years but only 60K. So I guess at that rate we're looking at another 5-10 years before it gets to 340K. We have the 15 year loan so at least we are aggressively paying it off. But they are aging townhouses in a not great area of town (east Silver Spring). [/quote]
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