RE: The Danger of Holding Onto Boat Anchors In A Storm
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The real estate market around here is one of the hottest markets in the country. For most houses there are multiple buyers and listings have disclaimers by the seller they get to pick what offer they want. I don't know who would sell their house without having secured another place in advance, otherwise you'd be out there renting for a thousand to two thousand a month. Never thought I see the day.
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Yep, a few of those places still exist.
If you are in one of those places, SELL!
take your money and move to small town and rent for next to nothing.
For the rest of the world, the warning lights are flashing. We have past the top and will be in freefall here soon.
I hardly doubt it. Who is going to give up extra income from renting the other side of a duplex to move to a small city to rent cheap. There's no jobs, or very few jobs in small cities, cost a small fortune to drive back and forth to a job, not to mention if you like to shop at a variety of places to get good prices.