Losing 5-7% or even 10-15% on a house over years is nothing compared to taking a 30%+ hit on stock in 1-3 months…And you can’t live in pile of stock shares.
And from this point on almost impossible to lose 30+% in a house in a few months short of act of mother nature.[/quote]
Impossible? So if a home buyer puts 10% down on a $400K ($40K) home and the housing market goes down 3%, in a month, 3 months, 6 months, whatever, the home is now down $12k (if he has to sell add another 7-8% but I will leave that out). That is a 30% loss (without sellers commission) on the buyers original $40k investment.
