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The Black Swan of an earthquake could be another chit in the "rent column" in the "rent vs buy" discussion, unless one has enough spare cash to cover the losses. Not really sure it ought to be thought of as a Black Swan, though. They happen fairly frequently around here.
Over the years folks've told me how wrong I was to consider EQ ins., because doesn't everyone know that if it comes to that, they'll be able to get all the aid they need from the government?
I wouldn't buy it because I dont know Milpitas all I know about the east bay is if you go north a few miles they're practically giving the houses away.
We I dont know the East Bay I'm thinking Hayward but maybe that's more than a few miles. it's all the same to me.
I just did some poking around and I'm actually kind of shocked at the prices even as far north as Union City I thought it was supposed to be less expensive over there but it sure doesn't seem that way.
If you cant tell I dont get out a lot. My transportation is pretty much limited to public transit which puts Milpitas, Fremont and that area in sort of a dark spot on the map for me.
bubble tea sounds good though. that alone might be worth the trip.
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been eying this for awhile hoping it'll come back to active, what do you guys think the realistic fair market value would be?
http://www.redfin.com/CA/Milpitas/480-Bayview-Park-Dr-95035/home/1429849