>>"Timing is everything."
Yep. Bought my 4/2 2550 sq. ft. in 2001 for $181,000. (Needed a little TLC) it is now worth $400,000. Can't afford to move. All who bought before the overvalued boom are sitting pretty. This renter is just trying to justify his poor timing. Cheers!<<
To a point I agree, but his timing isn't as poor as the guy that actually buys it at $400,000.
"To a point I agree, but his timing isn't as poor as the guy that actually buys it at $400,000."
Agreed. These poor buyers can only spend their money on higher property taxes rather than home improvements. That's why I'm not going anywhere.