Anita

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Location:	San Jose

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Is it worth buying a million dollar condo in Cupertino?

Asked Mon Sep 22 2008, 16:41 by Sai - Cupertino - Home Buying - 17 answers

Anita answered:

Why not rent a place in the school district of your choice? We are renting a SFH. If we wanted to buy it at current prices, we'd be out at least another 2,000 per month *and* we'd be tying up a significant amount of down payment money in an illiquid, rapidly depreciating asset. We're not in Cupertino, so I can't speak to that specific area, but for that money, you could buy a SFH elsewhere and look at private schools as well. - Wed Nov 5 2008, 18:37