Quote:
Originally Posted by Realtor 1
It has been real hot for a few months. I'm getting 1550 for a 2br condo in bridlewood... The crazy thing is so many of these rents are above mortgage and condo fee costs. I know certain people have credit or down payment issues and some believe in the rent vs own but to this extent is beyond me.
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That is the norm, positive cashflow. Been like that for decades.
It's just recently when house prices outpaced rentals and you are hard pressed to break even.