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Real estate is a special instance of actual property , which is actual property - land and buildings - plus the rights of use and enjoyment that come with the land and its enhancements. Some individuals purchase real property expecting it to appreciate so much over time," he stated, in an interview with USA At the moment But it can be dangerous - and even silly - to pay a lot for a property that you're shedding money on an working foundation just because you suppose it should appreciate." In fact, when adjusted for inflation, as Shiller suggests, the typical house hasn't appreciated much in any respect since 1987.
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