The market benefits as we do not have waves of foreclosures.Making lemonade out of lemons.Not what the lenders were thinking but maybe better than the alternative.John Corey

Some of you know I'm living in the UK currently *waves to REI* but looking to buy in California.

Maybe we can start a tidal wave of common sense through the US (leftist coastal areas excepted).Thanks for your efforts!

I think Short Sales might be the current wave to ride.

Hey All -A website called KillerStartups.com (popular site, BTW) added BiggerPockets to their site, recognizing that we're an upstart company that is going to make waves out there!

No harm, no foul . . . hopefully we'll get another wave in the near future!

I've already heard of sales picking up around here, and that almost makes me wonder if there's a second wave of investors looking to pick up the pieces.

That, in turn, helps to support our economy.Those of us who are old enough may recall the hysteria caused by a huge wave of Japanese investment.

You also need to take into account if your competition is waving the security deposit for qualified applicants,charging a pet fee or not,paying for any water,sewer,trash for the tenant included in the rent,including appliances,or giving a rent credit on move in, and many other factors.Rent rates can look good until you see how many landlords you are competing with,quality of the product,and incentives given driving down the net rent before debt service and depreciation.

There seems to be another wave of foreclosures coming but I guess the wildcard is whether the government/banks finally decide to do something real with the mortgage modifications.