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


To: MulhollandDrive who wrote (111029)3/17/2008 1:21:57 PM
From: John VosillaRespond to of 306849
 
For those who love downtown Los Angeles. Maguire owns the skyline down there..Stock price now at the lowest price since it went public 5+ years ago..

finance.yahoo.com



To: MulhollandDrive who wrote (111029)3/17/2008 1:41:13 PM
From: HawkmoonRead Replies (1) | Respond to of 306849
 
i suppose that could be done, but it's not worth nickel and dime-ing

Thus, you've just set a value for that house. Because you're unwilling to haggle down the landlord regarding your rent payment, you've established an expectation for them.. So the price you're willing to pay in rent is probably just a bit below the price someone else might be willing to pay to own that property.. (given tax deductions and equity accretion).

Btw, rent is 40% of the core inflation data.. So if that house down the street rents out for less than you're currently paying, what does that mean for core inflation?

Hawk