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Yeah, pretty much anywhere California money is cashing out and fleeing too is way more insane than California itself.
by throwaway0a5e 5y ago
Yeah, pretty much anywhere California money is cashing out and fleeing too is way more insane than California itself.
- sidlls 5y agoMeanwhile for half the sale price of one 1200 sq. ft. 3/2 townhome on the Peninsula I could purchase 3 4-unit multifamilies on mortgage, each grossing about $50k/year in rents. Will the appreciation of these properties be the same as that townhome? Almost certainly not. But money has time value, and the ancillary costs of ownership in CA are far greater.
- NegativeLatency 5y agoTraveled though Missoula this summer and the housing market is absolutely wild.