Quote:
Originally Posted by Kathleen
I The house I'm in now I bought for $200,000 in 1990 and it is now worth over 2 million in 16 years here - I'm blown away by how the real estate prices have gone up. That why buying is a good idea.
Kathleen
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of course that's 10 times the value but it only becomes money when you sell it, and then only if you buy something back that is cheaper but probably less than you living now.
Of course it's an excellent retirement if needed, sell it & go renting
