Quote:
Originally Posted by Buehler445
On a percentage basis I bet it’s some place in Colorado. I have a landlord in Golden. What he’s telling me explodes my brain.
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The increases over the last couple years in metro Denver have been fairly substantial. Bought my house in Westminster in Fall of 2014 for $415k. Per Zillow the current value is $697.5k and per Realtor.com it's $751.6k. My neighbor just sold his for $750k.
If I didn't like the house so much/hate moving so much I'd sell it asap and pray for a big correction, but with the Fed printing money like a teenager with a new credit card I'm not sure that's going to happen anytime soon anyway. It would only take 30 more ounces of gold at current gold prices to buy my house at its current value than it would've taken to buy it for $415k in 2014 using Oct 2014 gold prices - so it's more the dollar losing value than it is my house gaining value.