“5. That’s why I do it – it’s below rental parity. This is now, not a year or 2 ago – my properties from back then do a lot better. With the Phoenix market progressing – pretty soon this window of below rental parity will be gone.”
Unknown — I think the market in Phoenix is only progressing BECAUSE properties are below rental parity. Once parity is approached, investor demand will shrink to nearly zero, and that’s what’s driving the market right now.
