Sat 30 May 2009
It takes Rent Savers and Cashflow Investors entering the market to provide support, break the cycle and create a bottom. For them, the cost of ownership must be less than prevailing rent for them to make a return on their equity investment. With the exception of the occasional knife-catcher, these potential buyers simply do not [...] In a declining market, a market where by definition there is more must-sell inventory than there are buyers to absorb it, it takes an influx of new buyers to restore balance.
Chula vista Real Estate
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