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'Cash Out' of New York - and Finance?

An eFC user asks: Is it time to for you to cash out of our New York City co-op, brownstone or condo and use the cash to buy a foreclosure elsewhere, and make a new start by learning a career in another industry that's growing?

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AUTHOReFinancialCareers News Insider Comment
  • Wo
    Woman of Wall St.
    4 January 2009

    That's an alternative but you can still switch careers in New York City. I have friends that thought geography was the answer and more regrets were had by all. I like the idea of cashing out equity and buying a distressed asset as an investment. Could pay off significantly in the long run. Good luck!

  • j
    j
    24 December 2008

    This sounds like some pretty backwards thinking to me.

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