May 30, 2008
Two years ago, Lilia Garcia and her husband, Jesus, bought their dream house in Linden, Calif., for $535,000 and financed it in part by taking out a bigger loan backed by their previous house in nearby Stockton. They decided to hang onto the Stockton house and rent it out, believing that it would more than pay for itself and could be sold years in the future to help pay for college for their two children.
Lose Homes, Pay More Tax - NYTimes.com
Should there really be $500,000+ houses in “Linden, CA”?
(via wiesen)
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I'm a high school dropout, the long-term CEO of blip.tv and a former warblogger.
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