HOUSES are just buildings, but homes are often beautiful dreams.
Unfortunately, as millions of people have learned in the housing crisis,
those dreams don’t always comport with reality.
Economic and demographic changes may severely impair the value of a home
when it’s time to sell, a decade or more in the future. Will a
particular home still be fashionable then? Will social and economic
shifts tilt demand toward new designs and types of communities —even
toward renting rather than an outright purchase? Any of these factors
could affect home prices substantially.
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