That $300k house that’s $500k now would rent for $2200-2400/month in my area. If it takes 5 years to get that 15% decline, then you’d be spending $132k-$144k in rent over 5 years, assuming rent doesn’t rise for the next 5 years. Seems like a big risk for very little gain. What if it takes 7 years? There’s just too much what ifs.
