I've seen 1 or 2 properties that even come close to the 50% and 2% rule and that's assuming all the expenses are actual (probably not).It seems like the prices are inflated because of anticipated future appreciation?

And your scenario implies that you are using adjustable rate financing, which in my opinion certainly detracts from the leveraged scenario given the likelihood of rates rising over the next several years.

For better or worse I think we will see increased income taxes and inflation taxes...along with spending cuts in the coming years.

Who would be for having states that can't manage their affairs properly compensating other states for their failed policies that wreak havoc on our financial markets and subject ALL citizens to increased taxation and/or inflation?

And one curious questions, do you think that the inflation will run high and therefore the interest rates will skyrocket in the next couple of years?

The earnings on that cash value are used to pay part of the rising cost of insuring your life as you age.

It seems like a no-brainer to me, but I can't seem to rise anyone's interest.

And when educated, literate, experienced folks run for office, they get hammered by the media over the stupidest things.If America wants to rise again, it has to start with EDUCATION.

The prices here are better than they were a few years ago...but still, and probably always will be, inflated!

I'm 56, and not getting any younger, so a reasonable mo. payment is paramount to me, as I will surely be looking at taxes and HO insurance rising over the years.