Writing · Real Estate (general)
“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.”
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