Buy during a housing bubble, and when real estate prices return to normal, your REIT might drop in value.
Not exact matches
Exceptionally low rates and
housing prices that are down as much as a third from their record highs five years ago have made
buying a
house a much cheaper proposition than
during the real estate
bubble.
If you
bought your home
during the
housing bubble, you've probably seen its value plummet in recent years, particularly in Orange County.
During the
housing bubble people took loans against their equity and
bought a boat.
Forty percent of homeowners who
bought a
house during the
bubble will regain equity by the end of this year, according to the report, provided prices mirror 2016 movement.