[Dec31,1999]

Very true, Tortoise. The fact that it is now cheaper to rent than it is to buy is a major indication that the real estate bubble is about to collapse, or at least decline.

I've just rented a house in a nice area which would cost me much more to buy than to rent.

[Southack]

"The fact that it is now cheaper to rent than it is to buy is a major indication that the real estate bubble is about to collapse, or at least decline."

Incorrect. The first sign of a real estate decline will usually be a decline in population for a given area.

Rents are lousy predictors of real estate declines, historically.