A recession or rising rates can have that effect, but no person can know for positive when, or by how a lot. Historically, real estate has confirmed very resilient, with median house costs declining in just eight of the previous 60 years. Consider the housing crash in 2007; you probably can see beneath that from the height of costs main up to the crash to a roughly 30% decline in prices on the market backside. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps hundreds of thousands of individuals attain financial freedom via our website, podcasts,…
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