“Rents are on the rise. Has anyone done any analysis as to when they believe rents will equal or come close to housing costs?”
Umm, what exactly do you base this on? Hopefully it is not some BS from the NAR.
“everyone is waiting for this magic day when everyone should get back in. All I am saying is, there isn’t a magic day and you can’t wait for the market. If you wait to hear that it is turned up, then it is too late already, don’t you agree?”
I agree that there is not a magic day. However, you are not talking about buying a BioTech stock here that could gap up $5 in one day. RE just doesn’t move that fast so there is more ability to time this than in stocks. The trick is in keeping a pulse on what is happening and these blogs help tremendously with that.
