Hi, I’m new here. I’m seriously considering moving to Carlsbad (deep anxious breath), and have been lurking for a while. Buying a house in late 2007 or 2008 is sort of my gameplan right now.
Now… Renting… is it going to get bad? I have 2000sqft worth of junk to move from Washington. 🙂 I’m hoping that the rental market will be gentle enough for my wife and me to justify not buying a house for a while. I recently convinced her to overcome her psychological opposition to renting, and now there appears to be a significant financial factor here. Are rents going up to a price point that reflects the current (albeit downtrending) RE market? Can the rental market actually put pressure *against* correction in the RE market?