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re: San Fran deer stand sells for 1.2 mil
Posted on 3/28/15 at 1:06 am to mailman
Posted on 3/28/15 at 1:06 am to mailman
You can either have a view of your pond in North LA for X dollars that is pretty much always going to be worth X dollars, or you can have a view of the Pacific Ocean for a million two, that'll more than likely be worth a million five in a few years. Which one is really the smart investment?
1
Posted on 3/28/15 at 1:21 am to White Roach
quote:
You can either have a view of your pond in North LA for X dollars that is pretty much always going to be worth X dollars, or you can have a view of the Pacific Ocean for a million two, that'll more than likely be worth a million five in a few years. Which one is really the smart investment?
Or you can be under water on a $1.2 million mortgage after the next tech/real estate downturn, which could easily happen within the next few years.
This post was edited on 3/28/15 at 1:22 am
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