Hey PB, why don’t you give this a guy a loan for the overvalued house he so desparately wants because he has been renting for “…7 years”? That way, he can buy when there is still another 50% worth of decline in the market. Why throw away your money on rent when you can throw it away on an inflated mortgage right? After all, if he defaults later on, he can just call these guys to help: http://youwalkaway.com/