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Real Estate
Reply to "I think the bubble is popping."
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[quote=Anonymous]I just checked, you literally can't rent a SFH in my neighborhood. None for rent currently. So I checked townhouses. They're selling for about 375k and renting out for $2,100 a month. Even if you put zero dollars down on that house, at 3% interest you'd be paying no more than $2,100 a month PITI. This is in Rockville. I'm sure the rent/buy calculation is different elsewhere, especially the further you go out but at least where I am, I don't see any evidence that the market is out of wack. Perhaps in national statistic when you include sun belt states?[/quote]
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