Quote:
Originally Posted by ronda
Good News for you: In TV it seems like the market over time only goes up. So you may have bought at the peak, but 5 years from now, you will be happy you pulled the trigger and paid what you did.  |
I agree with this. By and large, no matter when you buy, sooner is better. If you bought in 1945, your house is phenomenally more valuable now than then. If you bought at the peak before the big crash in 2007, you would be better off now than then. Prices from the very peak seem like a steal today.
Kinda like stocks. Sure, there's some volatility and some up and down roller-coaster riding to be had, but in the long run, the sooner you buy the better off you will be.
Of course, if you're a market timer, then yes - you will likely lose more than you gain over time. That's just how it has all worked over the last century or so.
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Chino 1960's to 1976, Torrance, CA 1976-1983, 87-91, 94-98 / Frederick Co., MD 1983-1987/ Valencia, CA 1991-1994/ Brea, CA 1998-2002/ Dana Point, CA 2002-2019/ Knoxville, TN 2019-Current/ FL 2022-Current
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