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Posted on 6/9/21 at 8:09 am to Chucktown_Badger
My house went on the market in Katy, TX this week for about 80% more than I paid for it in 2016. Property further West of Houston hasn't spiked quite as much, so I will be picking up some acreage out there.
Posted on 6/9/21 at 10:17 am to Chucktown_Badger
quote:
It's like stocks, if you ain't selling, you ain't making shite.
True, but if you sell your home in an inflated market you are then homeless and forced to buy another home in the same inflated market. Not sure how you get rich in that scenario.
A rising tide lifts all boats certainly applies here.
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