Quote:
Originally Posted by nick demis
Do people really monitor the value of their homes? The only time I checked the value of the home we lived in for 29 years and just sold before coming down was just before putting it on the market.
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No, I don't either. But, confession, I am reading this thread. My view, home values.
Assuming you house is going up also works down. You need to live somewhere.
If, you home is up 10% the -place you will move to is also up 10%. It is a wash.
We sold our previous home, after living i it for 40 years for 6x what we paid for it.
WOW. I looked a bit and found that most everything else also went up 6x in those 40 years.