woodpecker
New member
@thestarside Rent will never stop going up, because rates and insurance plus the cost of doing maintenance will never stop going up. Plus don't count on the fact that house prices will somehow hit a ceiling because average joes can't buy anymore. Corporate investors have bought up a lot of rental stock in the United States, and who's to say that won't happen here as well?
We think house prices are insane (as well as rent) but there is infinite money in the world and they could reach unfathomable heights still to come.
I never thought my neighbor's house would sell for $4 million when I moved in 10 years ago.
We think house prices are insane (as well as rent) but there is infinite money in the world and they could reach unfathomable heights still to come.
I never thought my neighbor's house would sell for $4 million when I moved in 10 years ago.