sd realtor i am not talking about renting these places out (i thimk urban realtor got on that track), i am making a rent vs buy comparison, ie can you buy for around what it would cost you to rent, and suggesting that if you can it would probably be a good move to buy if you know you are going to be there for a long time and you can find a home you really like. i understand all that projected rate of return on $ invested stuff, just trying to keep it simple…
so prices haven’t droped that much in CV and some other upper middle class areas?(rich’s graphs say the same) i say they will get there, prices are still too high in those areas and the reason they haven’t come down is simply the sellers are better off with more staying power, just don’t buy until they do, what say you?
