Just like the long-term appreciation over 20 years that we see here:
Originally Posted by palermo22
Like any financial chart - snapshots give misleading information. While it's true that home prices have been on the decline for the past five years - if you spread that picture out to the past ten or twenty years - then the negative 29% pales in comparison to the gains that were made. A mortgage - as long as you are not over your head - is a worthwhile liability because it's attached to an asset that will continue to appreciate (most likely with inflation) over the long term (just as the stock market will - again, long term).
2014 328i / Liquid Blue / Beige Leatherette / 4 DR / 6 MT / Moonroof / Rear Camera + PDC / Xenons / DHP / 12K+ Miles / Bought 10-16-2013
2003 325i / Gray Green / Beige Leatherette / 4 DR / 5 MT / Moonroof / 219K+ Miles / Bought 12-21-2002 / Sold 10-21-2013
1998 Civic EX / Vogue Silver / Gray / 4 DR / 5 MT / 122K+ Miles / Bought 12-30-1997 / Totaled 08-2002
1988 Sentra / Gray / Gray / 2 DR / 4 MT / 190K+ Miles / Bought 06-1994 @ 120K+ Miles / Died 12-1997