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BrickTop
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Comments by "BrickTop" (@bricktop7803) on "Top 10 Housing Markets Where Home Prices Are Dropping" video.
Nope, Rental prices are at 50% of mortgage values. This means that, if your mortgage is $7000\month, you only get $3500 in rental income, and you still have all the bills and taxes to pay. You should look at rjtalks, they sync Redfin and Zillow data into their database every month. Currently it twice as expensive to buy a property than it is to rent it. Like every US property bubble that bursts, its not every region gets hit a the same time. The drops take 4 years to work their way through the system. the GFC property crash didnt end until 2012. You may NOT see any drops in your area NOW, but give it a couple of years an re-evaluate.
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