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

To: 8bits who wrote (136561)	7/25/2008 11:43:03 PM
From: Pogeu Mahone	Respond to of 306849

My point is clear 2500 rent should be on a 700000 place 1600 to 1800 for 500000. Empty houses and condos everywhere now. ============= 2500 tops! --------- Possibly she was off in her earlier assessment and a little more accurate now. (But I think the median for rent would be lower than $3400..) I suppose my point wasn't clear... Lizzie was suggesting the rent for a price point of 700k. I suggested that 700k will now get you more house than the standard 1200 square foot 3 bedroom 2 bath home and hence will fetch more than 2,500 but less than 3,400.