[N3WBI3]

I intentionally bought well below my means because losing 10% on a 130K home is a lot better than 10% on 500K. This way I can save money for a bargain *if* the market implodes. The one thing which really worries me is the rent to ownership cost ratio where I live its a real sign of an unhealthy market.

[GodGunsGuts]

Yes, the rent to ownership is WAY out of whack. From what I'm hearing, rent in many areas is starting to drop (pushing things even more out of whack) because a lot of the flipper homes are now being rented intead of sold, thus increasing the rental supply. If true, this will put even more of a downward pressure on real estate. Do you have any info. on this, ex-Texan?