ArnoldCountry

Setting a New High Mark for the Next Housing Bubble

irondoor... I dont disagree with you. You have excellent points. Those points can also work for the opposite result. All consumers may see is that a payment is cheaper than rent so I am better off buying without all the details of maintenance, etc. However, I have to agree with you, in the broader analysis, your points are excellent. I think you would agree with me, given the present environment, we will not even come close to seeing a turn around until the values get so low that it appeals to the broader market as kind of a no brainer and they start buying. Afterall, in my market, if the price falls so low that I can buy a 4000 sq. ft house for $50 a sq. ft. or 200k, I will buy it. Right now, at around $100 per sq. ft., no way.