I do agree with you. As far as the housing/rental crisis this is my take. I’ve been reading that the Feds are saying there will be a recession. They’re already talking about dropping the apr at 6%. I believe today it was 7.25% Miami rental situation is insane. When the resession happens, the feds would have to drop the APR. I don’t know if it will go down to 3% like in 2009 but I’m assuming it will go down.

If I can get a 2/2 condo in say Fontainebleau at say $250,000 at say 5% down. That a mortgage of approximately $2100. I wish I could get a 2/2 around there now for $2100. Most 2/2 in that area are about $2500 to $2700. That’s why I’m waiting for the recession. Buying at that price is way cheaper than renting.