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Registered
Join Date: Jan 2002
Location: Nor California & Pac NW
Posts: 24,867
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If I were (shudder) ever to move to Houston, I would rent. There is no way I would buy a house there. Why?
First, Houston real estate barely goes up. Over past 30 years, CAGR is only 4% (nominal price). I'm not sure that even beats inflation, I know it badly lags the stock market, heck it lags a zero-risk US Treasury bond.
Second, I'd want to be able to get the hell out at the drop of a hat.
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1989 3.2 Carrera coupe; 1988 Westy Vanagon, Zetec; 1986 E28 M30; 1994 W124; 2004 S211
What? Uh . . . “he” and “him”?
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