ownership

I've been looking at real estate prices in the South Bay recently, and it's incredible how much they've dropped since two years ago.  Right now there are a lot of houses one the market for under 350k, which means that the monthly mortgage payment is under $2000, which is a lot for one person, but is way cheaper than rent for say, 3 people.  So, why not buy a 3-bedroom house and sublet the rooms?*  I've always liked the idea, but in the California real estate market it's never really been... imagineable.  Now it is.  That intrigues me.


*srsly, why not?

1 comment:

  1. It turns out Ben Solish has done exactly that with his new house.

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