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Reply to "People who bought a great house with low interest and "
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[quote=Anonymous]We bought in 1996, but the interest rate was not low. It has gone up almost 4x over 26 years. The best thing is that we paid it off and now have no mortgage, but the taxes are of course much higher. Doubling twice in 26 years is a nice investment but not super rare. My parents bought in suburban Boston in 1970 and sold in 1996 for 11x what they paid. So, my parent ROI was much much better. [/quote]
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