[brianwawok]

Or lose 10-20% or more (see Vegas 2008)

Also the average cost to sell a house is around 10%. So 10% appreciates means you walk away with what you put in.

[lbotos]

for those curious, here's Vegas data: https://fred.stlouisfed.org/series/LVXRNSA

[brianwawok]

I am shocked at how much it has recovered since the bottom.