In the past 40 years, we've experienced 3 or 4 other down turns in home values. Every one of those has been temporary and home values have bounced back with a vengeance. Smart Real Estate owners buy on the dips. They buy when other people are selling. In other words, they buy low and sell high. That's why they make the most profit. Never forget, we all make our money in real estate when we buy it, not when we sell it.
We see inflation on the horizon. When that occurs, building products move up dramatically, which will increase the cost of new homes, which in turn, always pushes up the values of all existing homes.
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