idk much about this topic

median home appreciation rates seem to be similar to mortgage rates in a lot of places. does that mean the average home buyer basically breaks even over the duration of a mortgage?

  • Mother [any]
    ·
    3 years ago

    When you take inflation into account probably

    But the big difference is that you basically get your money back at the end of your mortgage term in the form of a real asset, so you in effect are getting housing for “free”