The house I bought 3 years ago is double its value currently. I'm going to try and sell right before the burst, but I'm guessing so will everyone else.
Where will you live?
In Doxxington, State of Doxxahoma
lol...
I mean unless you plan on renting or living in a van, you have to stay somewhere until the market hits the price point you want to buy in at. If it even does ever go down.
Just remember that game is rigged as well. Your next house has to be purchased at $1 more than what you sold your home for. If you don't you're going to get hit with a capital gains tax.
If you're going to want a larger home you should sell for a lower price, not a higher one. Then when the market crashes (which it will) you'll be able to get a home valued higher and you'll spend less to do it. (saving on taxes).
Real estate is one of the largest scams there is. Which is why pukes like Trump do it.
Wow.
I honestly thought the bubble would burst back 3 years ago. If I hadn't bought anyways, I would be screwed today.
The house I bought 3 years ago is double its value currently
That's incorrect. The value is unchanged, your money is worth less and so the price tag has gone up.
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