It takes a decline in prices to where it is less expensive to own than to rent before enough new buyers enter the market to create a bottom. The “return” on the investment is the hedge against inflation the Rent Saver obtains by locking in the cost of housing with a 30-year, fixed-rate, fully-amortized mortgage. This includes transitory housing like apartments or small apartment-like condominiums. Since these investors do not want to merely break even, the price must be low enough for the rental rate to [...]
Boston homes for sale

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