• @Katana314@lemmy.world
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    1011 hours ago

    If you only own one house, it sucks to have luck like that. But, it’s like the dips in stock prices - overall, the value of the whole market goes up over time. Those treating homes as investments tend to buy in the demand areas, where a few lofty renovations don’t dent their bottom line.

    • @211@sopuli.xyz
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      14 hours ago

      If you get an investment house you plan to keep for 20+ years, those in-demand areas change (here’s hoping the next areas to lose their lustre will be the car-dependent suburbia).