Finally MSM and writers start sifting through the NAR and real estate clerk bullsh*t and spin and point out that it's MUCH cheaper to rent than own. With prices plummeting and unsold inventory skyrocketing, that simple truth is now glaring, no matter what the NAR says.
“This is the best time to buy,” Pat Vredevoogd Combs, the president, said cheerfully. “There’s a lot of inventory in the marketplace. Interest rates are low. It’s a wonderful tax deduction.”