On Fri, 28 Mar 2008 11:55:21 GMT, Short Wave Sportfishing
wrote:

I think eventually, the realisation by banks and mortgage companies
that if people can pay $900 to $1,200 a month for an apartment, they
can afford to pay the same for a home.

I would argue that they can afford to pay 20 to 30% more than rental
because of the tax advantages and equity appreciation opportunities of
home ownership.