The_Popo posted...
They certainly did in 2008 & 2009. Sure, it was due to the financial system nearly collapsing due to corporate greed through monetizing bad mortgages, but it still happened.
Yeah, I'll give you that. One historic event caused a decline. But it isn't something I'm expecting to see again. I'm nearly 50 and I wouldn't count on one little blip like that to be something I could depend on in the future to buy a house if I was looking. You might find yourself waiting for quite awhile and I doubt the decline would offset the increase of value between now and then if it did happen sometime down the road.
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