Thanks rich for the info. I definitely didn’t mean to suggest you were trying to persuade people to sell and rent. It was actually my own situation and I ask myself the question by “thinking out loud”.
I guess the keys are wage growth (or the lack of it in the foreseeable future) and exotic mortgage resets (expected rate increases).
Just out of curiosity, property prices skyrocketed in the late 70s while rates also soared until 1982. What were the causes that drove prices that high ? Was it due to true economic growth (i.e. everybody actually got richer in reality) ?
And I wasn’t aware of capital gains law change. Powayseller thanks.