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What is the main thing that is stopping buyers from buying?
What is the main thing that is stopping buyers from buying?
Price, price price. People's salaries haven't doubled but housing prices have. There is no easy lending anymore. So, basically people cannot afford inflated prices. Is it so hard to understand?
Yep, price, price, price. I will not pay 50% or 100% more than rent just to own. It just isn't worth it. (Don't start on the tax deduction thing, if I try to take any large deduction I run smack into AMT, so it's worth zero to me.)
I'm planning on buying next summer, it may not THE bottom, but where I live I think it will be close enough. (Rent just about equal to buying...) If for some reason it isn't, I'll wait until it is.
... and, it's free and anonymous
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Real Estate
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Belinda Arroyo, "belinda_1"
Real Estate Agent
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