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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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One option is renting. In bubblicious parts of the country, you can often rent for far less than the cost to own. There will be a price correction in these areas. It is only a matter of when and how much.
These goobers focusing on 23% yearly appreciation have a poor grasp of the investment. Unfortunately, 'investment' and 'primary residence' are a poor combination. Those who risk this pairing may receive severe penalties in the coming years. I'm not sure who to blame most: the dealers (lenders and Greenspan) or their addicts (USA Joe Schmoe).
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