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comment by goobster
goobster  ·  2768 days ago  ·  link  ·    ·  parent  ·  post: A Question of Neighborhoods and Waverunners

I have the opposite experience. I know several people with a house and a rental property (condo, usually), and they are all doing very well.

I would hypothesize that someone making $50k/year who buys 5 houses has a predatory lender and bad judgement, as well as a bad business plan...