Martha,
hope you're right about rents going up and house prices going down.
Here in the Pittsburgh area, we did not participate in the housing boom,
so homes are reasonably priced. I don't see them going down here, so maybe the rest of the country will "catch up" by having their prices go down, if you know what I mean.
Maybe a blessing in disguise that home price increases are moderate here beause we have so many badly managed school districts. By that, I mean that school boards have a license to steal; all they want to do is build new schools and raise taxes sky high here in Allegheny County. Had home prices skyrocketed, our assessments would have skyrocketed and taxes the same.
hope you're right about rents going up and house prices going down.
Here in the Pittsburgh area, we did not participate in the housing boom,
so homes are reasonably priced. I don't see them going down here, so maybe the rest of the country will "catch up" by having their prices go down, if you know what I mean.
Maybe a blessing in disguise that home price increases are moderate here beause we have so many badly managed school districts. By that, I mean that school boards have a license to steal; all they want to do is build new schools and raise taxes sky high here in Allegheny County. Had home prices skyrocketed, our assessments would have skyrocketed and taxes the same.