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<p>[QUOTE=&quot;ldhair, post: 8084238, member: 11540&quot;]In my opinion, the housing market is not healthy. Many are buying homes at crazy prices and the banks are loaning them the money. The only good thing is that interest rates can be found in the 2 to 3% range. </p><p>Over the next few years, prices will fall to a more reasonable amount. Those that bought high will be at risk if they have changes in income.</p><p><br /></p><p>Those buying rental property are in for the same ride. People will no longer need to pay such high prices for rent. Those that have owned rental property for many years are in a great spot. They can lower the rent and still have a nice return.</p><p>Many that have had rental property for a long time have depreciated the property to the land value. Many are cashing out. It&#039;s a great time. The increase in market value will go a long ways in covering the cap gains they would have had to pay. It&#039;s a blessing for those ready get away from taking care of rentals. </p><p><br /></p><p>Right now is a sellers market not a buyers market. Sorry this was such a long post. It was tough to make it much shorter.[/QUOTE]</p><p><br /></p>

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