Quote:
Originally Posted by Senator Clay Davis
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Home values do decrease, you do understand that right? Buying a house now does not ensure it will be worth more in the future. Just cause it happened to you does not make it the truth for everyone.
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Over the length of a std 20 year mortgage a house will definitely increase in value.... actually its mostly the land that increases in value but thats beside the point.
Sure in the short term, a house may decrease in value.... but in the long term... yes it will unless there are extraordinary circumstances.