Supply is up because there are many house that have gone into foreclosure being dumped on the market.

Thanks for supplying that article Mike.

Interestingly the government is in a full control to manage housing supply through its direct and indirect ownership in Dubai’s largest property development companies.

You missed a BUNCH of the expenses, such as damage done by tenants in excess of the security deposit, advertising, entity maintenance, legal fees, evictions, lawsuits, office supplies, etc, etc, etc.Throughout the United States, operating expenses run 45% to 50% of the gross rents.

now what we have is a huge supply of houses on the market that realistically are overpriced and due to the lending being strict nobody could buy even if they wern't overpriced. so houses are either just sitting there or being taken off the marker, and nobody is putting homes on the market because of potential losses and the fact that it'll take years to sell.

Most of this can be supplied by the seller on the phone.

In other areas, supply and demand haw lowered the price to the levels you've seen; such as $7,000 for a house.

The good news is that a bunch of flash cash private lenders have entered the market and will supply funds at less than a point for up to 5 days.

Interesting, but it seems like a lot of work and you need $700-800 worth of supplies excluding the dye.

Money is created from goods & the people make all the goods & provide the services to support the supply & demand of those goods & and the institutions keep all the wealth what are we left with debt debt debt and more F-ing Debt!