Mistake #37--Are You Making It?

Peter Coy

Imagine you're a renter moving from San Francisco to Pittsburgh. All of your rental options look marvelously cheap by San Francisco standards. So you pick out a nice apartment--much nicer than the one you would have chosen if you had just moved to Pittsburgh from a city that's cheaper than Pittsburgh such as Gadsden, Ala.


This is a mistake. To be specific, it's "Mistake #37," so named by Gary W. Eldred in his 2002 book, "The 106 Common Mistakes Homebuyers Make (and How to Avoid Them). Here's a pic of the author.

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