Talk of The Villages Florida - View Single Post - Do you look at your home here as an investment?
View Single Post
 
Old 05-17-2017, 07:58 PM
manaboutown manaboutown is offline
Sage
Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,892
Thanks: 14,366
Thanked 5,116 Times in 1,960 Posts
Default

From 1900 until 2012 home prices rose on average 3.1. Inflation averaged 3.0%. Observations: 100-Year Housing Price Index History
Factor in maintenance, improvements, taxes, insurance, that the equity in a house could be invested otherwise in an income producing asset and so on and it actually costs one to live in a house. Of course we also need to have a roof over our heads so to speak. At age 75 I am not much concerned about how much my home may appreciate in the future. I am concerned that it not cost me too much to continue to live in it as long as I am able to do so.
__________________
"No one is more hated than he who speaks the truth." Plato

“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine

Last edited by manaboutown; 05-17-2017 at 08:13 PM.