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

To: gpowell who wrote (42578)	10/4/2005 11:53:13 AM
From: John Vosilla	Read Replies (1) \| Respond to of 306849

"I think we may well see a continuing divergence between rents and house prices, with house price stagnating and rents declining, until the baby boom generation leaves the planet." I see rents rising (but not at the high end) relentlessly everywhere while home prices fall in the bubble markets pretty hard. Brilliant minds can disagree<g> Hey someones got to pay for those rising RE taxes and insurance up three fold in my neck of the woods in about four years. And the continued budgetary problems at the federal level coupled with all these natural disasters makes a continuation of this pattern highly probable IMHO. So much for those perceived Bush tax cuts my wise father recently said. It just gets worse and worse..