Quote:
|
Originally Posted by dig420
they ALWAYS say that, anytime the prime interest rate is reasonable and people start getting loans. I do think there will be a slowdown on new buys and maybe a little fallback in value in the short term, but in Cali the historical trend has been that values skyrocket, then stay stable for a few years, then skyrocket again. They hardly EVER go down.
|
They have never gone down LOL they only take a 10% dip for a few years and then Sky rocket again like you said. Real Estate is the safest bet as long as you can make the payments on it and dont over extend yourself.
Everyone works for their dream home not Stock Portfolio
