Writing · Real Estate (general)

2024-09-09
“Housing prices rarely go down. By my count, there have been just seven down years for the U.S. housing market over the past 75 years. That’s losses just 9% of the time. And five of those seven years occurred after the housing bubble popped. The stock market has been negative on a yearly basis 22% of the time since 1950. But there have also been 32 double-digit drawdowns in that time. Ten of those 32 drawdowns have been bear markets (down 20% or worse) while there have been six outright crashes (down 30% or worse). The housing market has gone down a handful of times and crashed just once over the past 75 years.” https://lnkd.in/eDezH_rF
Real Estate (general)

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