Other Observation on rental market

[blindrid]

Just a thought: if the average price of a home is $500M, 20% down at 3% equals $2500 + insurance of a couple hundred dollars and taxes another couple hundred dollars = $2,900. How can others expect to pay, let’s say, $1,900 a month?

Its unfortunate, but renting is not really possible without a market correction. Thoughts?

 

[bob bob]

Perhaps it is a sign that capitalism isn't what it used to be. Workers used to have the illusion that they weren't slaves. Greed is good?

SoWal is typical beach but not typical compared to "normal" markets. Because it is a desirable Florida beach community prices will rise and workers will get pushed out to the fringes. Hello Dfunk!