Quote:
Originally Posted by tcoffey
It would not necessarily be bad
If home values did come down as a result of rental restrictions. What about the people and families that just want to buy a lake property for themselves and not burden the town with rowdy renters. Now they get to buy at a lower price!
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A reset usually happens when there is a recession. No one knows when that will be but that's the time to buy if you can be patient and wait. This expansion has lasted a long time so I think we are getting closer.
With the debt that's been racked up with cheap money it's only a matter of time before the bill comes due.