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Author: ToddTruby Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 127223  
Subject: Re: Thread on Berkshire Hathaway Board Date: 8/19/2002 5:54 PM
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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?

tjt
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