Everyone needs apartments - the cheaper they are - the more people who can afford them and you in turn have a lesser exposure to cash flow loss and pulling from your pocket to meet monthly expenses.

The weak dollar has helped make tourism affordable for others out side of our country.With all of this being said.

But when you deal with these kind of properties not ever one can say I have the money to buy it and the bank is not willing to just hand over money they look at it if it making 0$ if you can afford to pay the bills due to the market now.

And gee, does anyone remember the Good Old Days when ONE wage earner with ONE job was able to afford a home?

Cant they afford the rent?

I am recently divorced and I can afford the payments on my house.

You learn how to live on dollar amounts smaller than you could imagine so that when opportunities arise that need cash - you can afford to invest.

Although he can afford the monthly payments, most of his cash is tied up in other investments (real estate, toys, etc).

It's getting frustrating.

Followed by a phone call to my agent with frustration; his reply was “ Oops!