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It's still good to buy a house if you know how to shop, and you can afford it. Just tell her to look around for depreciated houses or houses that have been foreclosed on and owned by the bank. If you can do it, lend her the they money to buy the house cash instead of borrowing the money from the bank, or, lend her enough for a large down payment. The less she has to mortgage and the faster she can pay it off, the better off she will be.
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