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calgarywinning · 03-30-2015, 06:25 PM

I thought single bedroom apartments were like $1250 to $1500. Where can you rent a house for 500k for 1800? $2500 would be the minimum.

While your equation is bias, it assumes a static point or a low point in the market place. The economy picks up pace and the value of the house is restored over time.

Meanwhile if you which to change your situation you can sell your house for the loss and buy something else for the same loss for that static moment in time.

03-30-2015, 06:25 PM	#120
calgarywinning First Line Centre Join Date: Feb 2013 Location: Field near Field, AB Exp:	I thought single bedroom apartments were like $1250 to $1500. Where can you rent a house for 500k for 1800? $2500 would be the minimum. While your equation is bias, it assumes a static point or a low point in the market place. The economy picks up pace and the value of the house is restored over time. Meanwhile if you which to change your situation you can sell your house for the loss and buy something else for the same loss for that static moment in time.