Threadkiller makes a very good point that most people on here should listen to. Unemployment! All this talk of ratios of income/prices and rents being less than buying, etc….wont mean a hoot-in-hell if we’re at 10% unemployment.

Try not having a job against those ratio’s and justifications!!! I assure you, they lose every time.

It gets bad enough and we’ll see lots of places that will have a higher rent cost than a mortgage. People are becoming VERY risk averse and this sentiment will grow. That’s when I’ll get interested.