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I think buying a house right now is a great investment. I don't think the prices could do down any lower, and in face, prices are going up. I bought a two bedroom model condo last year for the price of a new SUV - Can't beat that. I rent out it out to a good friend of mine with guaranteed income, easy money.
But yet people still go out and buy brand new cars, knowing they'll only loose money. Go figure.
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