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Renting IS the New Owning Ignore the Government Math.
Posted on August 17, 2009
Great article and title with a ton of truthiness in The Wall Street Journal declaring The New American Dream Renting . Read it.I have spent a good part of the summer in San Diego and Coronado and can guarantee you unless foreigners step up the buying prices are not near lows. With California property taxes as high as they are, even the foreigners may just rent or hotel it.Phoenix is a mess. I want to move for the first time in 20 years. Of course there are opportunities, but I want to upgrade my life while everyone is spinning their wheels. The sour mood in Phoenix makes the desert s...
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