On Oct 9, 2009, at 11:10 AM, Miles Jackson wrote:
> There's something profoundly sad in this: "the place I live is a
> commodity, and if the market value decreases, I'm dumping it". I
> could care less what the current market value of my house is; I'll
> be living in it for many years, and I have no interest playing real
> estate mogul and flipping houses for cash. If the value of my home
> were to drop 50%, the only real impact on me would be lower property
> taxes and home insurance rates. What's not to like?
That's un-American. As I recall, the average adult American moves something like 11 times.