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Joshua DorkinPoster
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Should People Buy or Rent in Overheated Bubble Markets?
The housing market has been crazy in Southern California and Los Angeles for a while now. Black Enterprise just came out today with an article stating that LA housing is still not that affordable.
What should people living in overheated markets like LA do now? Is it time to buy, or should they hold off and wait until prices fall (if they do)? If someone has seen price increases, should they sell and rent for a while?
What are your thoughts everyone?