Quote from IanMacQuaide:
Not to be confrontational, but what makes you assume the rent pmt would be the same as the mtg pymt?
And, you also assume everyone feels pride in paying for a house.
Why?
I did not imagine they would even think of another bailout (the payment gap) but come to think of it most would probably accept it as "a bailout for US instead of those banks".. Your second question... wrong assumption.. there are lots of well kept rentals out there.. the more they cost the better they are..