Quote:
Originally Posted by Yngwie
Back in 2008 I sold the house that I bought for $60 000 to my sister and her husband for $135 000.. Hell of a profit.
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indeed. the house we bought in ottawa, they bought brand new in 1994 and sold it to us for nearly 300,000. i can only imagine what they paid...but people shouldn't view a home as an investment. its a place to live, something we all need. chances are most people will lose money one way or another, no matter if its with renovations or whatever.