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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2172244, member: 71510&quot;]I&#039;m a buyer.&nbsp; My sales horizon is at least 10 years off - probably 15-20.&nbsp; I&#039;ve always followed the theory that whenever everyone else is too scared to buy - or even better, completely disillusioned - it&#039;s the time to buy.&nbsp; Besides, it takes time to build a nice collection - and the sum is greater than the cost of parts.</p><p><br /></p><p>I had my entire family calling me a fool in 2010 when I bought a second house.&nbsp; &quot;Real Estate will NEVER recover in the next 20 years, you&#039;re insane!&quot;</p><p><br /></p><p>That house now appraises for almost 50% more than I paid.&nbsp; Of course it was a bit nerve racking the first couple years, but you can&#039;t expect immediate gratification on investments.&nbsp; If you get it, it&#039;s sheer luck or you paid well under market value to begin with (another version of sheer luck!).[/QUOTE]</p><p><br /></p>

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