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(Warren X) wrote in message . com...
Good day,

He then mentioned that the increase in value of property is
proportional to the size of the property (i.e., greater absolute
capital gain on a larger property than on a smaller one), to which I
must agree.

Can anyone offer any thoughts on this?

Thanks
A. Huahua

I'll be going through this exercise in several months or a year, when
I sell my two properties to upgrade to a nicer house. The real estate
market is as predictable as the stock market so don't take anything
for granted. People said that our local real estate would crash once
the market crashed in 2000, but it hasn't. Actually, homes north of
$1M have dropped more than the less expensive homes in the metro area
I live in. If someone who bought a $1.5M home in 2001, and someone
else bought a $500k home that year... guess what. The $1.5M home is
now worth $1.2 and the 500k home is worth 500k. Don't assume that all
homes in an area go up the same %.

Mark