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RE:bad idea
by anand srivastava on Feb 18, 2007 01:52 PM

Buying property is most often a long term investment so there is no sunk cost(a term used in accounts for capital items).
Secondly, any one can solicit - buy when market is down....If every one could time the market !?
Next, buying property is forced saving and a rent on property is a bonus.

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Why you should rent 2nd house