Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Real Estate
Reply to "Bubble pop in rentals too?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=gent.in.nwdc][quote=Anonymous][quote=Anonymous]If anything I think rental prices are too low. I have many neighbors who are renting for less than their mortgages [/quote] No that just indicates they overpaid. Rentals are getting harder to fill, every tom dick and harry aspire to be real estate tycoon with income producing assets. Hint if rent is less than mortgage its not income producing. Instead everyone gambling on appreciation. [/quote] This was the biggest sign of the bubble in California, which was hit hardest during the Crisis. San Diego buyers were paying a monthly premium of 40% over going rents for the privilege of owning during the height of the Crisis. I'm sure we are nowhere near that right now in the DMV, but this is the key metric to keep your eye on. If you're paying $3500 in PITI but can only get $2500 in rent, you're in a bubble and it will pop. Rent-to-PITI ratio is what matters.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
