Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: anachronist who wrote (30788)	5/5/2005 8:46:23 PM
From: The Wharf	Read Replies (3) \| Respond to of 306849

That is the truth and there are very few new rentals and that is the problem utterly no competition in that market as who in heck can afford to buy rental units when you have to deal with loss. You have no return at today's prices and you have to hope to heck that property goes up. If you throw in wages you get a migraine or become delusional and think the average income in LA has to be at least $300,000 per family. I can't figure it out, so I am trying to figure out how to short it timing wise as one can loose a fortune if one moves too soon. The FED with rates could very well be hoping for a soft landing in this area too.