COMMENTS
You must look at real estate as a long term investment. Looking at it any other way will give you anxiety attacks because the housing market always goes up and down. What wasn’t normal in the current housing crisis was banks giving out loans to unqualified people. This increased demand causing housing prices to artificially increase in value very quickly. Those people are out of the game now and the rest of us are stuck with houses whose value has decreased. But, with immigration and births, our population will continue to grow and with an increase in population you have an increase in demand, it’s just a little slower growth. Of all the things you could have invested your money in, your house was the best investment, if you can hang on to it till the value goes up again.
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