Since we currently live in a $ 130k condo with $ 1000 rent, we figured we can get a small mortgage and buy a small townhouse and pay it off in 5 years and be fine regardless of
the house value fluctuations (we also considered using cash to buy it, but with great credit, interest rates are lower than investment appreciation).
Not exact matches
The purpose of a property tax, unlike a consumption tax, is partly to raise more money as real
house prices rise, so that the tax rate stays the same regardless of
fluctuations in property
values.
The
fluctuations in
value don't concern them because they're dealing with
house money while using blockchain.
73 % Millennial homeowners said they plan to live in their current home for under 5 years, making them highly susceptible to home
value loss in case of short - term
housing market
fluctuations.
From unpredictable activity in the local
housing market to an unforeseen foundation problem, the
fluctuation of a property's
value can become quite confusing for the average homeowner.