Reply to Remember all the dorks spamming last year real estate was going to crash?

Forum Index » Real Estate

Reply to "Remember all the dorks spamming last year real estate was going to crash?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]Home prices will not just keep going up, indefinitely uninterrupted.  All asset classes go up and down.  There’s no such thing as always going up.

For the record, I’ve made over 1M in capital gains on multiple properties in the last 4 years and own my own house, which I’m sitting on 30% appreciation on over purchase price and own a rental with about 20% appreciation and cash flow covering expenses. I fundamentally don’t want prices to decrease, but a dispassionate objective analysis dissuades me from buying more real estate, or even investing significantly in my current properties.

[/quote]

In general, sure.

But when you're talking about SFHs in desirable DC locations it's about as sure a bet as you can get. Considering even 2008 was but a momentary blip for NW/Arlington/Bethesda there would have to be a complete and utter collapse of the entire US economy to crash home prices there and if that happens your house value is going to be the least of your worries.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics