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Reply to "True/False: you should buy the most house you can afford (in this area) to maximize appreciation"
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[quote=Anonymous]I'm not sure this is what you're really looking for, but to answer your question: no. To maximize appreciation, but in an area that other people are reluctant to buy (not just DCUM people), like Anacostia. That reluctance to buy translates to lower prices for you when you buy. In several years, when more people see it as a viable place to live, you'll see significant appreciation.[/quote]
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