The new home builders loved this because it helped keep inventory artificially low so they could build new home communities which is still going on today.

We have artificially inflated prices, in most of the areas with cash sales to out-of-state folks, or local cash buyers( who just don't know any better).

Also, and probably most importantly, the market - everywhere - is STILL highly artificially propped up by interest rates.

The problem stems from that fact that Chicago has kept its property taxes artificially low for almost 40 years by skipping pension payments. 

It is also foolish to attempt to encumber (protect) your primary residence through the use of an artificial HELOC for equity-stripping.  

Means premium rents for the unit sizes.Facts & AssumptionsOwner did major renovation approximately 5-8 years ago including roof, heating systems, water tanks, windows, and central air. 1BR units Heat is not separate, but has new energy efficient gas heater.No Comps are availableIn my opinion it is priced too high as if it was priced correctly, it would have sold, will attempt to push price down as I doubt it will appraiseI believe the maintenance amount provided is artificially high due to inclement winter weather, we had record snow this year.

Are the banks holding these REO's deliberately keeping supply artificially low in the hopes that their toxic holdings end up booking some profit?

What happens when your sister isn't able to pay rent because her medicine costs too much?

The lending requirements are stricter now than in the last 15 years - rates may be artificially low - but can be locked in for 30 years.

We want to run a test and install a few artificial and live trees to see which one will look better after a year. * Shutters * Emphasis on the entry, whether it is through painting the trim or the molding or addition of some architectural element above the door. * Juliet balconet.