Housing is strange. Their building by my office (Dublin, ca) 700 to800k but just over the hill (20 miles away) the community of Mountainhouse continues to take it in the shorts (mid 150's)....(talking residentual)
The ability to collect proper rent is in the simple of supply and demand. I just dont see the jobs in the area to substansiate postive cash flow.
I used to like the idea of property (its how my dad made is money in the 80's), but i'm liking stocks more and more.....
Thank you for the education i am continuing to learn reading this thread...
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