I think everybody agrees that housing is overpriced in California, Phoenix, Vegas, Boston, NYC, FL, etc.
What if you could find a piece of property in an emerging market like Biloxi, MS where the price to rent ratio is pretty good, wouldn’t that be a great hedge against inflation?
bsrsharma,
Please expand on your point…I find it very interesting…
I was hornswoggled into reading this thread…
no..I put this in the off topic and I’m trying to engage a convo…period…I think your comment is spam
if not RP…then who?
All of these bastards are corrupt! Ron Paul!!!! What else can we do to help Ron Paul?
I agree with your logic, but did you factor in the shortage of future buyers there will be with the new (old school) underwriting standards? (i.e, 10-20% down payment, appropriate income and good credit score)
(response to sdsundevil)