Three Key Reasons Housing Not Coming Back
invite response
2012 Jun 23, 4:48am 33,613 views 58 comments
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KILLERJANE
2012 Jun 28, 8:07am
KILLERJANE
2012 Jun 28, 8:07am
Homes purchased at trustee sales for 90k-100k in Phoenix area can barely get 800-850/month in rent and many sit vacant for months.Dumb money has been buying lately.Supposedly Mr Roberto is going to get 1k month for his 80k house.House I bought for 50k last fall that need 5k rehab rents for $700-750.Idiots now are paying 77k 90k for the same house at the courthouse steps.
Seems like a good ROI to me. 750 per month for 55000 investment.
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Three Key Reasons Housing Not Coming Back: Demographics, Student Debt, No Jobs
http://globaleconomicanalysis.blogspot.com/2012/06/three-key-reasons-housing-not-coming.html
Mish
#housing