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Reply to "Real Estate vs Stocks"
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[quote=Anonymous][quote=Anonymous]You can't really make money in the DC area with real estate unless you are investing in very sub-prime properties or[b] you get significant appreciation in your property.[/quote][/b] This is true in DC proper. My husband and I purchased our home in an affluent neighborhood in 2002 before the market went crazy for a little under $800K. It is now worth between $1.6 on the low end and $1.8 on the high end. We plan to cash out in a few years as soon as our kids graduate from high school and downsize to the suburbs. It is still very much a sellers market in DC.[/quote]
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