re: I bought my house in the Summer of 2020 for $321,900

quote:

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Give me a call when it hits 120k a la 2008. And if you don’t think 2008 is coming against I have news for you.

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A housing market crash just like 2008 is not going to happen this time because now we have significant inflation and thus devaluation of the US Dollar.

Therefore, real estate is now a more durable store of value compared to housing market values of 2008. Value may drop a little(though I think it may actually hold or increase), but in now way like 2008.