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We bought 5 years ago for $500K, just had an appraisal and we're at $1.1M, still have a small mortgage but carrying cost is very reasonable. (so me and the bank own it).
This mind you is in Canadian money so about 70% USD. I can see the argument for renting vs buying but we like owning the house.
My biggest concern right now is how the lockdowns impact all things financial moving forward, I'm hopeful real estate doesn't take a pounding as my wife is close to retirement and and we may want the option of downsizing.
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