Remember when housing was a life time investment you could count on?
Supposedly 2.4% appreciation ( if i remember in my old age) is the expected return per year.
The boom and bust that was created by a totally supplier controlled market could have gone on longer if not for the war debt and...
FOR THOSE WHO REMEMBER after the Reaganomics SPENDING SPREE ( he spent more than the entire 200 years before him) but cuts to sba and people
both residential and commercial RE took A HUGE DIVE.
THA JAPANESE BOUGHT BIG AND BAILED US OUT OF A FREE FALL.
THEY WERE STUCK WITH promise...