LogFAQs > #952243693

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Topic	Invest in stocks, or try to get a condo?
red sox 777 03/29/21 1:28:38 PM #21:	I would not invest in property in California at this time. If it becomes less affordable in a year or two because the interest rates go up, that is going to affect everyone else too - and that tends to put downward pressure on the price. So you'd have a low interest rate locked in, but if you want to leave the area, you might not turn a profit on the sale. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:952243693] in Invest in ... [t:79375157]...</cite> <quote>I would not invest in property in California at this time. If it becomes less affordable in a year or two because the interest rates go up, that is going to affect everyone else too - and that tends to put downward pressure on the price. So you'd have a low interest rate locked in, but if you want to leave the area, you might not turn a profit on the sale. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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