I think you missunderstood. All I was saying/confirming is, as follows (replying):
1) My criteria for buying is base on GRM notes above (I only need a place to live, so I won’t invest more in RE than that)
2) I replied with the terms of my rent stating that if the rates of the rent/leases (stay the same – around 1% / year) for me, and the priceses won’t come down to the GRM expectations that I have, I will rent for a long time.
Vis-a-vis my math …I’m not sure what was wrong with it, but I guess I could have been more explicit.
