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Have people risen to the fact that a home is a home - whether it is in a posh area or an average area? I took loan to buy a big apartment in a posh area. The cost of apartment has gone up three times. I'd like to sell it off, pay off the loan and settle for a bit smaller house in an average area (which I might get for less money than my current house costs.) So, does it make good financial sense? Or, will I be compromising on my status in any way?
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