To: JDW11235
I expect to see multigenerational households rise significantly, which will further lower the price of housing. A lot of the houses will be snapped up by investors looking to rent out the houses.
65 posted on
05/16/2011 2:40:16 PM PDT by
dfwgator
To: dfwgator
A lot of the houses will be snapped up by investors looking to rent out the houses.
Renting out a one family is usually not a moneymaking venture
66 posted on
05/16/2011 2:41:54 PM PDT by
Chickensoup
(The right to bear arms is proven to prevent government genocide. Protect yourself!)
To: dfwgator
that’s not really relevant. Because there won’t be people able to pay rent at the cost that is required to pay off properties at this cost of housing. But I understand what you’re saying, however, housing prices must drop. It’s inevitable.
69 posted on
05/16/2011 2:44:32 PM PDT by
JDW11235
(I think I got it now!)
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