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ParticipantAs far as rentals go, it seems to me that you’ll find the most favorable relationship between rents and sale prices in the lower priced neighborhoods. If a 3bd home in 92113 rents for $1,700 and sells for under $280k, why would you bother with a $500k home in 92126 that only rents for a couple hundred bucks more?
The pool of renters at $1700/mo is a lot larger than the pool of renters at $2,000, let alone $2,500.
ParticipantAs far as rentals go, it seems to me that you’ll find the most favorable relationship between rents and sale prices in the lower priced neighborhoods. If a 3bd home in 92113 rents for $1,700 and sells for under $280k, why would you bother with a $500k home in 92126 that only rents for a couple hundred bucks more?
The pool of renters at $1700/mo is a lot larger than the pool of renters at $2,000, let alone $2,500.
ParticipantAs far as rentals go, it seems to me that you’ll find the most favorable relationship between rents and sale prices in the lower priced neighborhoods. If a 3bd home in 92113 rents for $1,700 and sells for under $280k, why would you bother with a $500k home in 92126 that only rents for a couple hundred bucks more?
The pool of renters at $1700/mo is a lot larger than the pool of renters at $2,000, let alone $2,500.
ParticipantAs far as rentals go, it seems to me that you’ll find the most favorable relationship between rents and sale prices in the lower priced neighborhoods. If a 3bd home in 92113 rents for $1,700 and sells for under $280k, why would you bother with a $500k home in 92126 that only rents for a couple hundred bucks more?
The pool of renters at $1700/mo is a lot larger than the pool of renters at $2,000, let alone $2,500.
ParticipantRemember the cartoons showing stock brokers jumping out of office building windows during the 1929 stock market bust? I don’t know to what extent – if any – that actually happened, but this example might be singled out as an example for the 2008 version.
ParticipantRemember the cartoons showing stock brokers jumping out of office building windows during the 1929 stock market bust? I don’t know to what extent – if any – that actually happened, but this example might be singled out as an example for the 2008 version.
ParticipantRemember the cartoons showing stock brokers jumping out of office building windows during the 1929 stock market bust? I don’t know to what extent – if any – that actually happened, but this example might be singled out as an example for the 2008 version.
ParticipantRemember the cartoons showing stock brokers jumping out of office building windows during the 1929 stock market bust? I don’t know to what extent – if any – that actually happened, but this example might be singled out as an example for the 2008 version.
ParticipantRemember the cartoons showing stock brokers jumping out of office building windows during the 1929 stock market bust? I don’t know to what extent – if any – that actually happened, but this example might be singled out as an example for the 2008 version.
February 26, 2008 at 1:18 PM in reply to: Housing Prices Near Bottom according to MotleyFool #160221ParticipantIn appraising we often have occasion to use the following cliche:
Cost does not equal value.
Trite and overused, but true nonetheless. That’s where the MFs reasoning fails.
February 26, 2008 at 1:18 PM in reply to: Housing Prices Near Bottom according to MotleyFool #160516ParticipantIn appraising we often have occasion to use the following cliche:
Cost does not equal value.
Trite and overused, but true nonetheless. That’s where the MFs reasoning fails.
February 26, 2008 at 1:18 PM in reply to: Housing Prices Near Bottom according to MotleyFool #160532ParticipantIn appraising we often have occasion to use the following cliche:
Cost does not equal value.
Trite and overused, but true nonetheless. That’s where the MFs reasoning fails.
February 26, 2008 at 1:18 PM in reply to: Housing Prices Near Bottom according to MotleyFool #160550ParticipantIn appraising we often have occasion to use the following cliche:
Cost does not equal value.
Trite and overused, but true nonetheless. That’s where the MFs reasoning fails.
February 26, 2008 at 1:18 PM in reply to: Housing Prices Near Bottom according to MotleyFool #160617ParticipantIn appraising we often have occasion to use the following cliche:
Cost does not equal value.
Trite and overused, but true nonetheless. That’s where the MFs reasoning fails.
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