Is there a plunge protection team that is spreading filth throughout the media ?
The “value” of a home is not what an appraiser or real estate agent says it is, it’s what someone will actually pay for it, and after you deduct selling costs & commissions, THAT is what it’s really worth.
The false sense of security that people have(had)about the value/worth of their house is beyond insane.
If 10% of the population HAD to sell their house today, they would find out that it’s probably worth at least 25% less than they thought, if they are lucky.
Many houses are virtually unsaleable today at anywhere near what the owner thinks it is worth, and idiotic articles penned by people who just don’t get it aren’t doing the average consumer any favors.
As long as people don’t have to sell, they can believe what they want. They have been misled by a number of factors.