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re: Home ownership losing importance as "American Dream"

Posted on 6/4/14 at 1:02 pm to
Posted by Holden Caulfield
Hanging with J.D.
Member since May 2008
8308 posts
Posted on 6/4/14 at 1:02 pm to
quote:

If you are going to protect your equity you have to remodel and keep up with the times.

Not in all cases. I've seen property that was not maintained actually increase in value due to its location. Homes will, to a large extent, hold their value if the neighborhood is a desirable one regardless of condition and maintenance.
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