Dhuy,what you need to remember is this is short livedas rates go...

  1. 101 Posts.

    Dhuy,

    what you need to remember is this is short lived

    as rates go up yes people start selling their investment propertys and available rentals decrease so you can charge more.

    BUT

    as rates go up and more house's are put on the market, house prices start to tumble.. and when it hits bottom again your propery has devalued a bucketload and its cheaper for your renter to buy a house and pay interest then it is to rent from you.

    you make some extra $$ now, but you lose more money in the value of your house.

    So the renter is better off as the money he spends extra in rent over the next year or two is going to be far less than the money lost in house value when he buys.

    better off selling now and buy back in on the low
 
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