Quote:
Originally Posted by TheProfessor
Back in 2004 2005 advise was to purchase any real estate as price will go up 10% -30%. Buy. Buy. Buy.
Then, much hit bottom.
Hmmm . . . .
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Just think if you purchased in 2005 and held til now. You could be up 80-100%. Real estate should almost always be thought of as a long term investment unless your in the business of flipping homes. You would be hard to find real estate that decreased in value if it’s held for at least 5 years.
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