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Not in My Backyard

With the U.S. housing market in a shambles, investors are betting on foreign real estate.

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This story appears in the May 2008 issue of Entrepreneur. Subscribe »

As the son of an international diplomat, Osman Rashid is no stranger to travel. He was born in London and raised throughout Africa, Europe and Pakistan. Although Chegg Inc., the online textbook rental company he co-founded in 2003, has him settled in Santa Clara, California, Rashid hasn't let go of his global ways, especially when it comes to his portfolio.

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