Renters Feeling the Squeeze

What happens if, after 5 years, the house has appreciated 15% and the seller want's a higher price???

What happens if the price increases and the buyer can qualify.

Interesting.  Not sure many sellers would want to wait for 5 years -- and how would one predict the price 5 years from now??? 

I feel like it all goes in cycles and we have another maybe two years of weirdness in that sense.

Bryan We have seen rental rates rise across metro Detroit too.

In my market there is a shortage of rental houses.  Rents have gone up, but the tenants can't afford the rent and default.  Housing has always lead us out of recession, and more focus Ned's to be placed on getting first time homeowners back in their own homes.  That will fix the economy and the rental imbalance.

Yes, that's yet one more reason to buy than rent.  The bottom line is you have to pay a mortgage.  Either you pay your own or pay your landlord's.  Choice is yours!!!

Rental rates have been increasing steadily.  I have worked with many desperate families who just can afford to buy, but their choices in rentals are diminishing too.  I like your approach.

I hope you don't base your investment strategy on this. My REALTOR® friends in Denver are telling me that they are selling homes in a matter of weeks with multiple offers. I have sewn this tried for the last 26 years and I believe it benefits neither the seller or buyer. To lock into one house destroys the idea of mobility in this country that someone will stick to a house for that length. I will tell you who loves this and that is property managers you could care less about either party and want the income. 

Arizona just tightened up a lot of the laws governing Lease to Own's here and it's made it harder for this to be an option.