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Detached Member
Join Date: May 2003
Location: southern California
Posts: 26,964
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I think if you sell a house in Cali and leave, you'll never be able to come back. The equity in my house represents about 1/2 my "net worth". I'm not in real estate, but I've been told that housing in Cali runs about a 14 year cycle, meaning in seven years it will drop down some and then rebound in another 7. 14 years is about when I'll "retire" (I hope, to at least not have to work to live, but I hope I'll be able to choose to work if I want to.
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Hugh
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