Case saying bottom?

[Nor-LA-SD-guy]

I would say most of these so called bottom fishers/investors . would be looking to fix (a little) and rent, even if losing a little money for the first few years.

And of course does not apply in all area’s, the Temecula area is a prime example. Say you pick up a 2500 to 3000 sqf decent house in a decent area for say about 300K .

20% down, maybe 1600.00 a month coming back (OK you are still losing money), But in ten years that house will in all likelihood fetch about 600K. and is also a hedge against inflation IMO .

Say what you want , but at some point you either get on the Farris wheel or get out of line and give someone else your ticket.
Good luck.

[CA renter]

Sdduuuude nailed it.

Investments certainly look good in some areas right now, based on inflated rents. But lots of inventory is being kept off the market by banks and FBs trying to hold on until “the market gets better.” What happens to rents and prices when that inventory is finally released onto the market?

A recession/depression is still not being priced in, nor is a decrease in rent or further decay in the lower-end neighborhoods. Crime will rise, rents will fall; and what seems like a good deal today will probably look foolish next year and the year after that.

I still stand by my 2012 bottom, at best. Time will tell.

[CA renter]

Sdduuuude nailed it.

Investments certainly look good in some areas right now, based on inflated rents. But lots of inventory is being kept off the market by banks and FBs trying to hold on until “the market gets better.” What happens to rents and prices when that inventory is finally released onto the market?

A recession/depression is still not being priced in, nor is a decrease in rent or further decay in the lower-end neighborhoods. Crime will rise, rents will fall; and what seems like a good deal today will probably look foolish next year and the year after that.

I still stand by my 2012 bottom, at best. Time will tell.

[CA renter]

Sdduuuude nailed it.

Investments certainly look good in some areas right now, based on inflated rents. But lots of inventory is being kept off the market by banks and FBs trying to hold on until “the market gets better.” What happens to rents and prices when that inventory is finally released onto the market?

A recession/depression is still not being priced in, nor is a decrease in rent or further decay in the lower-end neighborhoods. Crime will rise, rents will fall; and what seems like a good deal today will probably look foolish next year and the year after that.

I still stand by my 2012 bottom, at best. Time will tell.

[CA renter]

Sdduuuude nailed it.

Investments certainly look good in some areas right now, based on inflated rents. But lots of inventory is being kept off the market by banks and FBs trying to hold on until “the market gets better.” What happens to rents and prices when that inventory is finally released onto the market?

A recession/depression is still not being priced in, nor is a decrease in rent or further decay in the lower-end neighborhoods. Crime will rise, rents will fall; and what seems like a good deal today will probably look foolish next year and the year after that.

I still stand by my 2012 bottom, at best. Time will tell.

[CA renter]

Sdduuuude nailed it.

Investments certainly look good in some areas right now, based on inflated rents. But lots of inventory is being kept off the market by banks and FBs trying to hold on until “the market gets better.” What happens to rents and prices when that inventory is finally released onto the market?

A recession/depression is still not being priced in, nor is a decrease in rent or further decay in the lower-end neighborhoods. Crime will rise, rents will fall; and what seems like a good deal today will probably look foolish next year and the year after that.

I still stand by my 2012 bottom, at best. Time will tell.

[Author]

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