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Old 06-08-2006, 06:40 PM  
Peaches
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Join Date: Oct 2002
Location: Away
Posts: 13,933
Quote:
Originally Posted by David - PG
With people borrowing money against their properties and interest rates set to rise this looks like trouble for some areas. Not only for the poor souls who will lose their homes but for all many of us doing business since people that move back to a 1BR rentals while paying off debt for the next 10 years are likely to have less money to waste on the fun things in life (like online porn).
Or....it's a damn good time to get into the real estate rental biz
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