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@davehtexas We bought the best piece of land we could afford and are building the cheapest house we can get away with, without sacrificing too much. The result is our land is 80% of the investment which should be enough so that the land appreciation will outpace the house depreciation.

@william3 I’d buy a house with a parking spot and then a car. Won’t have to pay for parking and the cost of the car will likely be offset by equity build up in the house.