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Real Estate
Reply to "Remember the recent bubble and crash -- it could happen again"
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[quote=Anonymous]I think homeowners are more than willing to not "hate" anyone who views renting as a better move. The really strident people are the renters who needs to be convinced, for some reason, that housing prices are going to plummet. I assume this is because they wish the market was more affordable. Rents are high around here, as well. I'm guessing they're 25-30% higher than 2006 rental prices while housing prices in many places are stable or, at most, 10% higher? It seems like for real estate to tank around here would involve the rental market tanking as well, or else all those expensive renters would stabilize the market buying up cheaper places to live. And for both to tank at the same time would involve a bigtime economic situation that no one is hoping for. No one besides the two income Federal employee renters.[/quote]
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