Quote:
Originally Posted by phikappapsi
I understand what you're saying, and logically it makes sense, but it doesn't actually hold water. Look at the time periods in this country of relatively high interest rates, and expansive inflation...housing values typically outperform the inflation adjusted metrics of those time periods.
Again, I have multiple avenues of buying the second home. I was only toying with the idea that cardboard might be the correct source of liquidity to cover the initial costs. Not sure there's one specific "correct" answer
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Over time, housing prices always match inflation. If they were off by even a few tenths of a percent, eventually everyone would own a home or nobody would.