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[quote=Anonymous]What considerations did you have if you've bought a house for your kids to live in while at college?  My oldest is a freshman in a college town.  It looks like she will stay at this school for a 5yr combined degree.  I also have a current 10th grader.  My kids are very similar with similar interests.  Currently the only reason he doesn't want to attend the school where his sister attends is because she is there.  However, it's a really good fit for him and I'm encouraging him to be open to the school.  I can envision a scenario where I'm paying for housing for one or both kids for about 6 yrs.  I wouldn't be interested in a 6bd house, but maybe a 2bed/bath condo.  The kids do get along and would be able to live together nicely.  I would want him to live in the dorm his freshman year and not with her but starting in his soph year, it would be fine. I think they would have about 2 years of overlap.  Of course there is always the scenario where he decides not to attend.

So---if you bought a house in your kids college town, why did you do it?  The school is not a big football school or any sports school.  Its on the west coast so we (parents) don't go out there often.  My daughter will be staying on campus after soph summer and will need summer housing.  A 2bed/2ba condo is about $600K with $500/mo in condo fees.[/quote]

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