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[quote=Anonymous]My inlaws sold their house (not DC area) for about what they paid for it 30 years ago. Their neighborhood, which was middle class and seemed stable when they bought, developed issues over the years. They have good retirement savings and pensions so are doing fine but it’s a really good thing they didn’t have to rely on appreciation on their house for savings. Between inflation and the amount of mortgage interest paid, their house was a catastrophe from an investment perspective. From the perspective of just having a place to live, it was fine. [/quote]
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