Are housing prices going to go up or down?

Question

It will go down because of 1M people who are about evict.It will go up as it's an asset and inflation is occurring.

bluGill · Accepted Answer

Location location location.The answer will be different in different areas of the same city! The answer will change if the politics of a region change. The answer will change if some disaster strikes a house (hope you are insured) The answer will change as the economy changes in the local area.Long term expect it to match inflation - but it won't be even, so values might need to drop to match inflation.

retrac · Answer

From a long term perspective, real estate in Western urban areas has appreciated depending how you calculate something like 1 - 2% per year since the late 19th century. The short term trend varies wildly.

Finnucane · Answer

Historically, it's gone up, then down, then up some more, then maybe later, down. But then, probably somewhere down the road, up again.

slater · Answer

Yes.