Quote:
|
Originally Posted by The_Jazz
You should keep the money in the house. Real estate is the safest investment there is...
|
I'm not so sure about that. There's evidence of bubble-pricing in real estate in most metropolitan areas these days. One sign of that is the 70% appreciation of this property over 23 months! I mean, that's great, but... c'mon. That can't keep up indefinitely.
Once the bubble passes, the market won't bear prices like that anymore. Now might be a good time to get your money out of real estate and into something more guaranteed to keep its value.