Thread: The REAL Real Estate Appreciation Rate
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Old 02-12-2008, 03:09 PM   #4
Thinks s/he gets paid by the post
 
Join Date: May 2006
Posts: 1,037
Quote:
Originally Posted by Want2retire View Post
Zero, for me, because my life expectancy is 27 years as I recall. Who cares how much it is worth after I'm dead?
Well if you purchased in an 11% area you would have your remaining 7 years to spend 20 years appreciation of $806,321!! or only $219,112 in a 4% area. Your choice. If you didn't buy long term care the extra $600,000 could be the difference of living in the nursing home of your choice vs. the states choice.
Last edited by honobob; 02-12-2008 at 05:54 PM.
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