some of your posts do make sense

landlords will not see rent increase for a long long time, not until supply and demand finally meets.

as a matter of fact, rents are decreasing from what i have seen so far, but property taxes are the same or increasing, not mentioning those association fees increasing every year as well. Profits on being landlord these days are much less than before. I think a lot of 'new' landlords who had barely even cash flows will eventually face negative flows very soon.

but forclosures are less on the market now than before due to the followings:

1. loan modification
2. forclosure delay

banks do show better if they do not forclose. housing market do benefit when there are less forclosures. but for the long run, i do doubt these two will work eventually or not. let's wait and see

所有跟帖： 

• Not to 忽悠 people, real estate is an assets. -daysofreckoning- ♂ (968 bytes) () 05/05/2009 postreply 21:31:21

• Each knife has 2 sides. -jellybean3- ♀ (0 bytes) () 05/05/2009 postreply 23:19:29

• 回复：Not to 忽悠 people, real estate is an assets. -zengjp- ♂ (92 bytes) () 05/06/2009 postreply 13:05:34

• But I read it here cash flow is $1k+ a month... -any_more_left- ♂ (0 bytes) () 05/05/2009 postreply 22:12:44

• Roomy house is different -sunpriest- ♂ (181 bytes) () 05/06/2009 postreply 08:45:33

• There are still lots of bubble in the housing market -physicist- ♀ (484 bytes) () 05/06/2009 postreply 05:26:09