[HiTech RedNeck]

This is because to rebuy a homeowner has to sell, which means paying off the first (and second) mortgages, paying a Realtor 6% and putting 10% to 20% down on the new purchase.

Unless... the homeowner wants to keep and rent out the first dwelling. That's what my parents did, twice. It was lucrative enough to leverage a modest salesman's salary, with his wife's entrepreneurship, into a middle class home.

[1010RD]

That’s the American way and most excellent. You come from good stock... for a redneck. ;-]