Thursday, August 9, 2007

Commuter?s Dream: A Nice Cheap Home, $20,000 (usd)

As this Wall Street Journal story explains, Newfoundland is becoming very appealing for Canadians and Americans looking for serenity at low prices.And, only 2,400 miles from Boston.Up and down the rock-ribbed coast of Newfoundland in centuries-old fishing villages like this one, Americans and Europeans are taking advantage of a warming climate and a struggling regional economy to buy seaside summer homes for the price of a used SUV.Even with the Canadian dollar hitting a 30-year-high against the U.S. dollar, saltbox cottages on the Atlantic side can be found for [...]

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[Source: The Money Blogs]

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