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What if real estate prices stagnate?
Tags: estate, prices, real, stagnate
Holding onto the house for at least 10 years should ensure a buffer against any cycles in the market. It's important to keep sight of long-term goals and not be distracted by any short-term hiccups. What happens to property values from one Christmas to the next should not concern you and although property can be cyclical, history shows that around 10% to 11% growth can be achieved long-term. More importantly, long-term property growth has performed at several percent above inflation.
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