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by refurb 4011 days ago
In the bay area over the last 5 years? Sure.

Across much of the US? Probably not. Don't forget the average cost of selling a house is 6%. Buy a place for $500K and if the value of the house doesn't go up by at least 6% you've lost money.

That doesn't include all the other costs associated with buying a new house (moving costs, etc).

2 comments

Not to mention loan origination fees, appraisals, and inspections costs.
Forgive me, I was very biased toward Bay Area.