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To: daviddennis
A couple of things. My mother in law bought a cottage (maybe 1000SF) in West LA in the mid 30's for $3,000. Her heirs sold it for $650,000. in 90 (it was zoned for 4 units). I bought a 1500SF house in Mar Vista in 63 for $30,000 and sold it in 79 for $200,000 (divorce). In 1980 I bought a condo in the Marina for $133,000 and sold it in 95 for $235,000. That same condo I am told would be worth $400,000 today. I have since moved out of LA but miss it when I go back. If history is any guide you cannot lose.
30 posted on 11/18/2003 3:33:23 PM PST by Uncle Hal
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To: Uncle Hal
If history is any guide you cannot lose.

Remember these words when you are 33 years old, divorced twice, and living in a van down by the river.

63 posted on 11/18/2003 5:08:42 PM PST by FreedomCalls (It's the "Statue of Liberty," not the "Statue of Security.")
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