I own. But every day, I drive past the 30-unit apt. building where I lived for 11 years until a year ago, and I have been stunned to see that for the first time, there is no “For Rent” sign in front. There was always at least one and sometimes five or six apartments for rent at all times. These units were advertised as luxury and as far as I was concerned, they were. Excellent maintenance, underground parking, really thick walls. I know you guys are mainly talking about houses, but I thought I’d throw in this observation anyway. I was paying $1,275 when I left, mainly because I lived there so long and my unit was not upgraded, but I think these units are now $1,400 plus if you can get one.
