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Girgl
2005 Nov 9, 2:33pm
I'm paying only a small fraction of my landlord's mortgage as rent. If you count property tax, maintenance and depreciation, the faction is even smaller. I'm getting a good deal. My landlord is not.
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Per Jamie's request
What kind of social impact do you think there has been by the bubble? Are people any different because of the wealth effect? What about the social impact on people who have not bought into the RE market? Do you think what we are seeing is predictable human behavior that will occur again in the next bubble?
Is there a social impact we haven't discussed yet?
#bubbles