Quote:
Originally Posted by blessedhellride
nah, homes are becoming like used cars too.....
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I don't know what part of DFW you live in, but we are making a nice profit on the sale of our house. Every used car I have sold has been for a loss.
Every investment (purchasing a house) is a risk, but normally this is an appreciating asset. The purchase of a car is a depreciating asset. As soon as you drive it off the lot, you have lost money.