Home values aren’t going up, the money is worth less.
Unless you finished a substantial remodel, your house is not worth more. This is just further proof that the $$ that it’s valued in is being debased.
Inconvenient Truth : 𝐇𝐨𝐦𝐞 𝐩𝐫𝐢𝐜𝐞𝐬 𝐚𝐫𝐞 𝐚 𝐫𝐞𝐟𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐲 𝐝𝐞𝐛𝐚𝐬𝐞𝐦𝐞𝐧𝐭 | Adrian Cercenia
Inconvenient Truth : 𝐇𝐨𝐦𝐞 𝐩𝐫𝐢𝐜𝐞𝐬 𝐚𝐫𝐞 𝐚 𝐫𝐞𝐟𝐥𝐞𝐜𝐭𝐢𝐨𝐧 𝐨𝐟 𝐜𝐮𝐫𝐫𝐞𝐧𝐜𝐲 𝐝𝐞𝐛𝐚𝐬𝐞𝐦𝐞𝐧𝐭 The 𝑣𝑎𝑙𝑢𝑒 of a house does not go up over time, the 𝑣𝑎𝑙𝑢𝑒 (purchas…