Condos Beimng Rented Out For Less Than Cost In Many Former 'Hot' Markets

S2007S · Jan 16, 2007

by lo another great article by the way.

S2007S · Jan 16, 2007

Quote from dac8555:

where i live (costa rica) rents are about half the cost of buying. I pay about $900 month for a 2500 house that would sell for around $180k.But People apparently are still buying. they dont pay attention to the other markets...and think that prices will go up forever at a blistering pace. It is scary. I think a lot of poeple are going to get screwed down here.
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A house my friend rents is worth approx 650-700k, 3 bedfroom, approx 1500 SQF.

$1500 a month.

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Condos Beimng Rented Out For Less Than Cost In Many Former 'Hot' Markets

S2007S

S2007S