Do they have to make it this so obvious? Kinda makes me scared to get a mortgage tbqh
>>1061395
>taking out a hundreds of thousands of dollars loan with interest to purchase an asset which at best tracks the cost of living
shiggy diggy
>From the year 1880 to 2012 the after inflation return for the average price of a home in the U.S. was a total of 23.25%. So in 132 years, again after accounting for inflation, the average price of a home went up only 0.16% per year! From 1880 to 2006 (the high point of the housing bubble) it was up a total of 96.18% or 0.54% per year.