would you sell now? or buy now?
2023 Jul 12, 9:53pm 2,013 views 23 comments
by FortWayneHatesRealtors follow (3)
prices on RE are kind of nutty. its inflated everywhere where CA city residents fleeing to. does it make sense to be in RE in these markets in your opinion?
Comments 1 - 1 of 23 Next » Last » Search these comments
1
Patrick
@
2023 Jul 12, 10:06pm
Patrick
@
2023 Jul 12, 10:06pm
If you can rent for less than the total cost of owning over the typical ownership period (7 years) then you should rent.
Prices in a lot of areas are way beyond what rents can support. I think another real estate big crash is coming soon.
You can do a pretty good calculation of fair price with this calculator:
https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html
Prices in a lot of areas are way beyond what rents can support. I think another real estate big crash is coming soon.
You can do a pretty good calculation of fair price with this calculator:
https://www.nytimes.com/interactive/2014/upshot/buy-rent-calculator.html
Comments 1 - 1 of 23 Next » Last » Search these comments
patrick.net
An Antidote to Corporate Media
1,364,173 comments by 15,735 users - FortWayneHatesRealtors, socal2 online now