Yep, rent is outrageous in most big cities when compared to a mortgage.
I'm thinking a housing bubble part two is being created, but it may be a while before it pops...
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Yep, rent is outrageous in most big cities when compared to a mortgage.
I'm thinking a housing bubble part two is being created, but it may be a while before it pops...
Probably a rent bubble happening, but the problem is in certain cities like NYC people own or rent apartments they dont even live in because its such an international city.
If you live in central London you will be crippled by the cost of rent. I don't know how people survive these days.