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kmkmrod t1_itgy97h wrote

Reply to comment by Peeeculiar in Husky friendly apartments by johnyoung603

The op reads like the situation my friend found himself in.

He bought 6 years ago for $275k and did maybe $20k in improvements. A few months ago he found out (kind of by accident) that it was worth $535k so he jumped on the chance to sell. Now he’s renting and will wait until the crash to buy again and he’ll have way more money when he does it.

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TechPriestPratt t1_itibain wrote

Very risky proposition trying to play the market as u/Peeeculiar said. Real estate crashes are not universal. Around major cities they tend to be dampened. Southern NH/Boston area may not really crash, even if a lot of other places in the country do. Even in 2008 there was not that much of a crash in local prices. With more people wanting to move to NH, more work from home, and inflation going nuts, I really can't see home prices going down all that much. I'd have to say your friend may very well be regretting his decision in a few years.

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kmkmrod t1_itictbe wrote

I highly doubt that. But we’ll see.

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