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oilcan, to add on to Bob K's earlier comment, you have to live in an area that other people want to live in, and preferably where job opportunities are expanding. Demand will drive prices up over time. You didn't say where you're at now, but if it's an area like where Bob described, you're not going to build equity that way. And building equity in past / current homes is what lets people that aren't high end earners afford to purchase increasingly more expensive homes.
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Jim R.
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