[Porsche-O-Phile]

Renting is a damn fine place to be right now.

They sure as hell aren't going to be raising my rent anytime soon. Heh heh heh. I've been seeing prices plummet all around my area.

Purchase prices are going to continue to plummet, yes. And financing is going to be virtually impossible to obtain for the foreseeable future. The time to buy will be when things are horrible, at the bottom, foreclosures and shuttered-up houses all over the place and when a few daring lenders start to poke their heads out of their underground bomb shelters and actually begin to lend again. Once that happens, it'll be the time to buy. Unless you're fortunate enough to have hundreds of thousands of dollars in cash right now.

But I don't see that happening for at least 12-24 more months.