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Wide_Television_7074 t1_je4v6bl wrote

Reply to comment by Mountain_Bill5743 in Would you buy a house in RI right now? Why or why not? by TransitionSea9480

I wish I bought in 2007 — I would have tripled the value of my home. I don’t understand what your trying to get at but you are over complicating this.

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Mountain_Bill5743 t1_je546rg wrote

Yes, by now you would have succeded, but your statement earlier about 2012 being profitable after 2007 is misleading. Many people were still selling at a loss back then if they needed to move/divorce/etc and I'm just showing you that the data says otherwise.

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fishythepete t1_je7ecnq wrote

But for the disruption of the pandemic, you’d have been lucky to break even. Average price in the national housing market doesn’t fall often. When it starts to fall for the first time in 10+ years, that’s probably not the time to buy.

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Wide_Television_7074 t1_je7p34m wrote

when Joe Biden was elected, that was the signal to buy hard assets. You just knew shit would fall apart.

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