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Real US Home Values Are Still Shrinking
Real home values in America just shrank for a seventh consecutive month.
"Just" isn't quite accurat
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The only surefire way to bring housing prices down was for me to buy into the market. It’s a sacrifice I was willing to make.
You’re welcome everyone!
We should team up. I got into metal recycling in 2000 (look at 2001 copper markets), stock trading in 2007 and multifamily investing in 2021. If you want me to post my stock portfolio (for what to short!) just ask.
Insurance and real estate taxes are out of control. In some cases, especially in California, insurance isn’t available at any price. Then, there is deferred maintenance- I’d be afraid to purchase a home that didn’t turn over in the last 20-30 years. Who knows what should have been maintained, but wasn’t!