PS your points are well taken but again there is a variance right. I rent right now, pay 2400 a month, AND I pay for the gardner. Things vary right? I guess my base point will be that we agree to disagree.

Okay so a negative return is not realized until the asset is released correct? So the person purchasing the rental doesn’t lose anything until the home is sold correct? As a prudent investor that person would also have built in the assumption that the market would continue to depreciate. Again this wasn’t a purchase made by a first time landlord, or someone jumping in for a quick hit. This is someone who wanted to enjoy the tax benefits of a rental property owner who wanted to get a positive cash flow.

To me the correlation of rent to purchase price doesn’t make sense today because the price of housing makes no sense. Surely rental rate increases have not come close to matching home appreciation rates correct? So I personally don’t see a crash in the rental market that you are forecasting. Maybe it will happen, who knows?

My tenants are a military physicians assistant, a software engineer, and a nurse. Anyways I still feel that even with the continuing depreciation of the market, that personally the stock of potential tenants will be okay.

Anyways like I said, I agree to disagree. Your points are well taken and I guess we will see what will happen. I do believe the market will have a good ways to go before all of this happens.