To: Dec31,1999
"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.
344 posted on
11/28/2004 5:23:47 PM PST by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Southack
Well, I don't see that happening barring a particularly nasty flu or terrorist attack. I agree that it is mostly supply and demand.
But there may be other forces at work, as well, such as employment.
350 posted on
11/28/2004 5:38:29 PM PST by
Dec31,1999
(www.protestwarrior.com)
To: Southack
Well, I don't see that happening barring a particularly nasty flu or terrorist attack. I agree that it is mostly supply and demand.
But there may be other forces at work, as well, such as employment.
358 posted on
11/28/2004 5:52:57 PM PST by
Dec31,1999
(www.protestwarrior.com)
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