AgentInvesting

Renter priced out of market ponders alternative

Buying investment in cheaper market has its drawbacks
Published on Feb 11, 2008

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by CareyBot

DEAR BENNY: I rent an apartment in California’s Silicon Valley, where my job is. I can’t afford a home here because prices average around $600,000. I believe I can afford to buy a house elsewhere while living here and paying ...

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