I live in a Spanish-style hillside home in Los Angeles, California. I paid $900,000 in 1995. It's perhaps worth about $3m now. Thankfully, I paid off my mortgage before the crash because I could see it coming. I worried that I would be caught having to pay off a very high mortgage for a house I couldn't sell.
I used to have a house in London, but couldn't face 20 more years of St John's Wood in the rain.
Many years ago I also bought a house in Provence for about 70,000 francs. It had no electricity or running water, and no road leading to the house, but gradually we made improvements. It's my escape and I love it.
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