I'm the kind of person that likes stability and not changing things once I am comfortable; if I owned a home, I would not care about its value since I would be planning on staying until I died.
I don't care, personally. When a home rises in value, so do all the others. Sure, you get free equity but what good does that do if the median home price goes up too?
Same thing if a home's value goes down. So do all of the other homes.
I want all of the other prices to go back down to pre-2020 levels. My wage did not increase by as much.
I’m ok with that. If I sell my house, I’ll need to buy another one, which will be cheaper too. The only people who lose out are investors that treat a necessity of life as a get rich quick scheme.
