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While California is a desirable state,not every city is investment-worthy.
Think of it as betting on a long shot at the Kentucky Derby, Charlie explained.
However, low cost isnt the only factor to consider when buying property.
The area has also faced environmental challenges and limited cultural amenities, which could impact property values and desirability.
But theres also a downside to the city, Charlie explained.
However, there are other reasons to proceed with caution when considering buying property in Modesto, per Charlie.
The citys growth has been slow, and without significant economic development, property values may stagnate.
You could say its like watching paint dryexcept without the exciting outcome.
The housing market here has been inconsistent, and the citys growth prospects are uncertain.
Investing here could feel like swimming against the tide.
Its the kind of investment that might leave you feeling more stressed than blessed, he stated.
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