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Neither, would buy a $2 mil home in poway or Rancho Bernardo with low hoa and no melloroos
By the time you get finished with upgrades, landscaping etc you will be close to same on the new. Advantage with new is you get to pick things as you like them which is nice in a long term home. Both should track the market similarly so I say if you are gonna buy, then buy the one you like more