am i thinking right re rentals, page-39

tciboss

as housing drops people wont trust it either - lot of house for sale maybe allready starting.

as rates come down (thats if - they should be 9% at the moment) and the rent covers the cost of the loan, why will people keep renting? you house will be losing value, renters will be moving out to buy a house, and the value of rent will go down as the price of the house goes down. people buying investment properties at cheaper prices can offer lower rents to get the tenants in over people who bought at the top of the bubble who want more rent to pay it off

everyway you look at it, property investing has run out of puff and needs a massive correction to bring it back to reality.