Expert, localized Los Angeles answers provided by Heather Roy

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Big in a Small Town

  Should I buy a gorgeous house in a working middle class town or a small house in an affluent town. I am 28 and this is my first house, I want to make the best investment possible.
 
  Strictly from a financial point of view, the least expensive house in the neighborhood is a better investment than the fanciest place in town.  At 28 you may not be thinking in these terms, but quality of schools is also a factor if you're thinking of a long-term residence.
    Edith
Originally published on July 16, 2008
 
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