Exactly. If you stop seeing your house as an investment, and you own it, it doesn't matter if it's value goes down, if it goes along with the market. It even means it's easier for you to trade up.
For the poor souls that have decades of interest left to pay on a loan it's a different story, but somehow, someone has to lose something for most people to have decent housing costs.
For the poor souls that have decades of interest left to pay on a loan it's a different story, but somehow, someone has to lose something for most people to have decent housing costs.