Investing in a house in California is akin to investing in Studebaker stock.
I don’t look at our house as an “investment”...
It’s a place to live, shelter in and rest.
If I sell for more than I paid, it’s a win...
“Investing in a house in California is akin to investing in Studebaker stock.”
Depends on where your home is, your neighborhood and how well you and your neighbors keep up the homes/yards and the climate is where the home is.
Also, if outside money wants to buy a home in your area. Areas of California have high money people from NYC, LA, Gay Frisco, Texas, Asia and Canada getting in line to buy homes in the Sillycon Valley, certain east Bay areas and the north wine counties.