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Originally Posted by valkyrie
I think the most money can be made if you buy in a neighborhood that isn't "good" yet but is improving or likely to improve in the near future. Of course, that varies by city and you have to be right when you gamble on a neighborhood.
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As someone who has made her life restoring old houses, I endorse this statement.
I want to buy a house so bad right now it's not even funny. I just don't have the money for an NYC-style down payment. Any other city and I would be a homeowner. We live in a duplex now, and we love our neighbors--they're our friends, so we always have them over. It's just seeming too much like Real World: Astoria.