The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (43490)	10/15/2005 8:41:03 AM
From: Haim R. Branisteanu	Read Replies (1) of 110194

Mish you are right partially, BLS go by "rent equivalent" of TODAY so the number is distorted if they calculate the OLD mortgage after refinancing in the mix. Rent equivalent should be adjusted to today house prices and mortgage payments - or assuming a steady IRR from rent on the investment in shelters based on TODAY house prices

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