How To Find A Home That Will Likely Appreciate
- By
Julia Austin
Source: MEDITERRANEAN / Getty
The wealthy stay wealthy
As for more purely residential areas that will likely maintain their value, “Those will be the more affluent areas,” says Head, noting that, during recessions or economic instability, it’s the ultra-wealthy who don’t need to sell a home or pick up and move to make their finances work. They get to stay put. So those affluent areas don’t tend to see much movement and, for that reason, the properties rarely drop in value.
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