4plexowner, I’m sorry you are having a problem understanding what I’m saying. Perhaps I haven’t explained it well enough.
Owning a property as an asset, like renting it as I am, is now attractive compared to other financial instruments where i may park my cash. The return is as good or better than many financial instruments and the long term appreciation potetial still remains.
I know that others are now seeing the same thing. Of course this doesn’t mean those who don’t have the financial wherewithal (those who need cheaper mortgages) can step in immediately but its not as far off as you may think.
