[artplumber]

Originally posted by Don Plumley
Ultimately, how sharp is your crystal ball? You are betting on a contraction in RE values because that's the single biggest factor in the analysis.

There's the rub. I'd love to see a contraction as well, but historically, it's been rare in Kali. AFAIK, the only one in recent memory was OC dropped by 15-20% in the early 90's, and they've recovered and then doubled since then.

Frankly Wayne, it sounds as if you're pretty much set on renting for all the reasons you've mentioned. Do what you are comfortable with. When you are ready to buy, do it then. The market is too unstable for anyone to come to clear conclusions about it.