IllustrativeThe 5-Year Rule Is No More: Here's How Long You'll Need To Stay in Your House To Truly Break Even
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A previous guideline suggesting homeowners should stay in their house for 5 years to break even is no longer applicable. The new required duration of homeownership to break even is reportedly changing, but the specifics are unclear. The change implies that the previous 5-year rule is being replaced by a different timeframe.