> Suppose I buy a $100,000 house and it grows 5% per annum in value for 10 years... | Hacker News

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WarOnPrivacy on March 26, 2021 | parent | context | favorite | on: U.S. rent has increased 175% faster than household...

> Suppose I buy a $100,000 house and it grows 5% per annum in value for 10 years.

Suppose it doesn't. It's been years since we able to count on decades of unbroken, steady home value inflation.

FireBeyond on March 26, 2021 [–]

South Puget Sound. Prices have gone up since 2008. The last five years, at least, have been double digit percentages. 2020? 19.1%. I have friends who bought in 2014 at $250,000 now selling their homes for $600,000+.

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