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Five Reasons It Could Be the Opportunity of a Lifetime to Buy a House
The oft-quoted investment advice to “buy when blood is running in the streets” is usually attributed to one of the members of the Rothschild banking family. The most plausible version of the story is that Baron Rothschild said it to a hesitant client in Paris shortly after France was defeated by Prussia in 1871. One important detail is that Rothschild was supposedly talking about buying real estate, an investment that would be around for a while – certainly long enough for the Paris property market to recover from deeply depressed wartime prices.
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