gse1963,
if he rents it out he will lose some to capital gains (see an accountant shoud you employ that tactic)
he'd be better off selling and buying in a less desirable area then moving back when his situation improves; or grin and bear it....
these are just my opinions and thats all.
its tough i know.. I just noticed a place near me thats a OK 3 bedder (triple garage) going for 720k asking... nearly 200k over its last sale 3 years ago.....
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