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expecting it to appreciate in value and price. There have been enough times when the housing markets in the US have declined, sometimes dramatically, that a house is a fairly high risk investment.

Just curious if you could provide some source of information or link that supports this. Yes, I know housing market can decline, but I (perhaps incorrectly) assumed that this was the exception rather than the rule. Perhaps only becsause every one I ever knew sold their house for much more than they paid for it.

Of course it is always big news when a market collapses from other economic pressure, but is this really the case more often than not?

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