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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 . 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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