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Poll: How much has the value of your house dropped?
Old 09-06-2010, 02:57 PM   #1
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Poll: How much has the value of your house dropped?

Has the value of your house dropped a lot? I know mine has! It was appraised at $306K in 2006 (cash-out refi to replace my car), again earlier this year (refi again, no cash this time) at $240K , and an identical unit on the other side of the driveway sold last month for $192K. I make that a 37% drop over the last four years . I'm nowhere near upside down on my mortgage, but I was counting on having enough equity in this house at retirement to replace it in my new location and have six figures left over in cash to add to my nest egg. Obviously that's not going to happen.

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Old 09-06-2010, 03:03 PM   #2
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Mods, I forgot to put the poll on this thread. so I made a duplicate with the poll options. Would you move Carnage's comment to the thread with the poll, and delete this one? thx

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Old 09-06-2010, 03:09 PM   #3
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Please follow the thread with poll included here:

Poll: Has the value of your house dropped? - Early Retirement & Financial Independence Community
"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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