Housing Market Bad, Rental Market Good

Think about it. Look around at your city or town and see who is building. It’s the apartment companies. They are as foolish as those who thought the housing market would never crash. Every builder/developer/commercial lender on the planet is vying for land to build apartments.
What will happen next? Whoa! Too many apartments. Too many people paying rent. People getting married, having children, wanting pets moving out of apartments and buying homes. Homes get more expensive. Entry level folks can’t by in, but wait. Apartments are being converted to condos. I can own at last. Forget the great depression of 2008. It’s 2015. Life is good. 100% loans are everywhere. It will never end.
The End.

About GlennARoberts

Full time Seattle REALTOR® since 1985 offering exceptional service to buyers and sellers of residential property. 206-524-3665
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