[quote=asianautica][quote=Ren]
PITI w/20% down may equal rent now, but the problem with that is this: losing a good chunk of that 20% over the next few years makes it anything but equal.
[/quote]
Like I said before, equilibrium is not equal to bottom. No one will know when/where the bottom is until it already passed. BTW, at the bottom of the last cycle, a SFR in MM, PITI w/20% down was equal rent.[/quote]
But, but … it’s different this time.
The fundamentals have changed. No more reversion to the mean.
We are headed to a permanently lower plateau. House prices always go down.
