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re: Home ownership losing importance as "American Dream"

Posted on 6/4/14 at 1:14 pm to
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74684 posts
Posted on 6/4/14 at 1:14 pm to
quote:

First, building up equity. I've owned my home for about 6 years, and I have over $100K in equity. I view this as a small part of retirement planning.


Really? You better hope the market doesnt crash again
Posted by Y.A. Tittle
Member since Sep 2003
101811 posts
Posted on 6/4/14 at 1:16 pm to
quote:

Really? You better hope the market doesnt crash again


You should probably learn about diversification of assets.
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 6/4/14 at 1:16 pm to
quote:

Really? You better hope the market doesnt crash again


all real estate is local. The explosion and deflation were national but that is the exception. the real estate market seems to have decoupled. While a market implosion is definitely a possibility, its going to be regional. if you are living somewhere desireable, and in a desireable location, you are probably OK.
Posted by Holden Caulfield
Hanging with J.D.
Member since May 2008
8308 posts
Posted on 6/4/14 at 1:18 pm to
quote:

You better hope the market doesnt crash again

We got rid of Barney Frank. we got rid of Chris Dodd. Now if we can resist putting another Clinton in office we may be on track in protecting the housing market.
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