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| paula0000 |
 Posted: Thu Mar 10, 2005 3:03 am Post subject: |
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Investing Manager
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| Just wanted to add...I don't know if real estate is the "best" investment anymore. It is a good investment bacause you can live in it...however I've been burned once before on the thought of saving saving saving...to get the downpayment- bought the house and then the r.e. market took a plunge. More than the downpayment was lost. I guess everything has a risk... |
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| Colli |
| Posted: Sun Nov 18, 2007 4:07 am Post subject: |
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Investing Sr. Associate
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| You don't buy in an inflated market - you continue to invest and save. Eventually, you buy a piece of undervalued land - sell-off a piece of it for a profit and built a home which you live in for awhile than sell for a profit again. Pre-existing homes in this market tend to cost more than building - at least they do where I live. |
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