It is not a sellers or a buyers market. It is a renters market.
Playing devil’s advocate and taking a stance analogous to the original post, isn’t it really a landlord’s market, not a renter’s market. ?
There are many landlords out there who bought their property in the mid-80’s for 125K. They are charging $1800 / month rent, grossing 25% on their investment. Even worse, they are only spending $300 a month for the place and sticking it to the renter for an additional $1500 per month.
I say it’s a landlord’s market, not a renter’s market.
