what do you mean by LT lease? 15 years or 30 years? mortgages are for 15 and 30 years and most landlords have refi at 5% or lower bringing the oayment down as well as expenses down due to deflation. on the net/net, landlords are winning. housing correction is temporary and recovery has begun. NVR will explode to over $800 by the year end.

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Generally true, but the increasing interest rates may offset a large portion of the real estate price increase. We have become a nation of monthly payment morons--I blame the auto and applicance business for this trend.

Watch the rents and you will see if real estate makes economic sense-here in phoenix, homes went upward while rents barely moved. For example, a guy here had a home for sale at 995K yet was willing to sign a long term lease at 2750/month--obviously something was not right.

I would rather buy FCX, MON or GLD call spreads or just short the 10yr. These will create an insurance policy on your loss in buying power.