Should I Buy an Investment House for $30,000, Cash?

Written by Gary North on November 18, 2011

I plan to do this. It’s in a nice neighborhood in a bedroom community 40 minutes from Atlanta. It’s a foreclosure. But aren’t housing prices likely to fall? Yes. The latest data indicate that foreclosures rose by 14% between the second quarter and the third. This indicates that the inventory of unsold homes is rising. […]

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