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Updated about 9 years ago,

Account Closed
  • Registered Nurse (ICU)
  • San Jose, CA
332
Votes |
496
Posts

What to do with your Primary Residence before the bubble burst?

Account Closed
  • Registered Nurse (ICU)
  • San Jose, CA
Posted
Like many others in the Bay Area we were lucky enough to buy a home at a good time and capitalize on the increase in prices over the past few years. However with thoughts that this bubble may burst in the near future what would should one do with there primary residence with all that built in equity now. If the market does crash and prices drop all that equity will disappear. But low and sell high seems like the easiest answer, but we still need a place to live. Do we go back to being renters? Curious to know what everyone thinks the smart thing to do would be?

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