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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: damainman who wrote (29421)4/11/2005 1:14:36 PM
From: Haim R. BranisteanuRespond to of 306849
 
CPI is based on "rent equivalent" and not actual rents



To: damainman who wrote (29421)4/11/2005 11:25:34 PM
From: John VosillaRespond to of 306849
 
oh oh, rising rents = bad for cpi!

No win situation for overpriced homes in bubble markets unless goldilocks situation lasts forever.



To: damainman who wrote (29421)4/12/2005 9:46:02 AM
From: Les HRead Replies (3) | Respond to of 306849
 
condo flipper glut could produce a flood of rentals. i saw this post on another forum about a condominium complex near my home. most are trying to sell for 500 to 600K.

prudentbear.com

i then checked the realtor web site for rentals in that complex. the rental listings range from $ 1200 to $ 1700 per month. how does one make a profit on a unit that costs $ 500,000, where the real estate taxes are $ 300 to 400 per month and the condo maintenance fees are another $ 300, when you can only expect rental income of $ 1200?