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Joined: Jan 2005
Posts: 17,423 Likes: 206
Old Mossy Horns
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Old Mossy Horns
Joined: Jan 2005
Posts: 17,423 Likes: 206 |
Investors bought up every house they could get for a while. It did two things. It drove up home prices and helped create a housing shortage. Those homes were listed to rent after a short delay. And the rents are higher than a damned mortgage. My sons neighborhood is almost all 5 yo homes or younger. There are always 3 or 4 up for rent in a very small neighborhood. Even when rented it's vacant again shortly after. And people can't afford those rentals. Not on todays $ and cost of living. Something has to be sacrificed. I predict a trend in the near future. Extended families living in one home. Just to help offset the costs. I'm already seeing it a little bit.
Something is gonna break soon. It has to.
Character is not developed in moments of temptation and trial. That is when it is intended to be used.
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