ilmscore | I Would NEVER Buy a Condo in 2025

I Would NEVER Buy a Condo in 2025

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 1
Pending: 1
Unrated: 0
Prediction
Topic
Status
Home prices in Las Vegas would need to drop by 35-40% for buying to be financially equivalent to renting.
"home prices would have to go down by about 35 to 40% to equal what I could just rent the same house for. Why wouldn't I just rent?"
Real Estate Market
Incorrect
Renting is financially advantageous over buying unless a 40% discount on the purchase price is obtained.
"Unless I get a 40% discount off the purchase price, it's cheaper for me just to rent the house and then I have no overhead expenses."
Real Estate Market
Pending