The Latest From the Housing Crash: Why Renting For a Year Won't Work

by Benjamin Domenech on 1:02 am June 29, 2009

It’s the latest homeowner hallucination: if only we rent our place out for a year, the market will come back to its ridiculous numbers and we can sell happily. Yeah, that’s not going to happen, especially when “the mid-to-high housing bands are still 33% to 50% overvalued on average.” Worse before better, etc.

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