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On Fri, 28 Mar 2008 10:44:12 -0400, Wayne.B
wrote: 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. That's a good point. |
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