Quote:
Originally Posted by 2cnd chance
YES YES YES!
I'm a R/E agent and even though the market is now down that will change.
More than an investment, a home is a Hedge against inflation!(as the above poster mentioned).
Don't buy a condo/townhouse, reason $ per square foot is crazy then add the H/O fees (crazier), plus as you get older you'll want more privacy (or pick up the guitar like me).
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Please show your facts/charts of a home purchase (all-in costs) as a hedge against inflation. Typically commodities (oil, gold, etc) are hedges against inflation.