[quote=AN]
What make you think price would drop 25%? I think that would put ITI well below rent.
[/quote]
Oh no, I’m not saying it would. It’s just a math exercise to prove that it’s better to sell and buy when the market is lower than trying to maximize your equity to sell and buy at the top of the market.
I hope it drops 25%, but I don’t it happen in the near future.