Quote:
Originally Posted by vintageogauge
Not to worry, I've been doing this for decades and haven't lost yet. Realestate by far has been the best investments of my entire life. Even when the economy goes down, unlike some other investments, you still own the property and it will eventually go back up.
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We have also owned many homes over the years but most people living here don’t have twenty years to wait for a recovery and then you also have the major expenses year to year that won’t be recovered.
Everyone needs to evaluate what tolerance they have for potential loss.