Quote from dac8555:
where i live (costa rica) rents are about half the cost of buying. I pay about $900 month for a 2500 house that would sell for around $180k.But People apparently are still buying. they dont pay attention to the other markets...and think that prices will go up forever at a blistering pace. It is scary. I think a lot of poeple are going to get screwed down here.
