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Senior Member
Join Date: Jun 2000
Location: N. Phoenix AZ USA
Posts: 28,977
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Bought my house here in Phoenix five years ago for $205k. It went as high as $595k in the balloon market last year and now has stabilized at $400k and is now increasing in value again. I owe around $160k for the house.
Good friend of mine bought her house four years ago in a better area than mine is in (around a shopping center that is going wild) for $251k. Value went up to $690k last year then stabilized at around $590k. Its now on the raise again.
Please tell me where you can live in a house and make money like these two houses have done? I am ok with breaking even as its better than ever paying rent but when you can live in a house and double or almost triple your money in 4-6 years thats hard to beat.
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2021 Subaru Legacy, 2002 Dodge Ram 2500 Cummins (the workhorse), 1992 Jaguar XJ S-3 V-12 VDP (one of only 100 examples made), 1969 Jaguar XJ (been in the family since new), 1985 911 Targa backdated to 1973 RS specs with a 3.6 shoehorned in the back, 1959 Austin Healey Sprite (former SCCA H-Prod), 1995 BMW R1100RSL, 1971 & '72 BMW R75/5 "Toaster," Ural Tourist w/sidecar, 1949 Aeronca Sedan / QB
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