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Reply to "How much can we afford to spend on home?"
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[quote=Anonymous]PP's point was that homes generally just keep pace with inflation. you can find plenty of anecdotal evidence to the contrary (as you did with your own situation), but this doesn't refute all the data out there to support the conclusion that real estate generally isn't a great investment. the last 15 or so years have been an anomaly. [/quote]
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