This is the exact reason I never consider my home an investment. Sure you can sell for a tidy profit but you still need a home so you have to buy into the same market... inflation makes us seem wealthier for awhile.... until it doesn't
You don’t HAVE to “buy into the same market”. The “profit” from selling and pulling up stakes works best when you LEAVE your market and use that money to buy or build in a more reasonable market. 😉
exactly ..bob
But I don't want to move to Lame Deer, Mt.
I agree brother fubar. I don’t buy a place because it’ll be worth money later. I buy because that’s where I want to live. I don’t buy vehicles based on resale, or guns as investments either. I came to the conclusion life it too short to live in a shidt hole liberal state, when I could die before realizing my “investment”. Years wasted.
