Why the home prices will continue to fall

Sorry there's a big leverage impact with maintenance....both ways...because rents much closer to maintenances...and that's ummmm a 'good' thing?

?? I was talking about real estate purchasing on cap rate as a whole. Before the big boom it was all about plain jane multiples of rent roll. 12 times was a norm.
The "Cap Rate" formula made it all of a sudden ok to be at 17 times rent roll.
A major aspect in making the cap rate formula so 'safe" was the stability in the factors outlined in my previous post for the previous 10+ years.
What good is an RE purchase boasting an 8% cap rate, yet those 2 months listed as vacancy on the setup was actually 2 months free disguised as vacancy, or having to put 40% down instead of 30%,or 50% of the leases up this year and the rental market still declining?

I 'went for it' because my after-tax cost of owning (principal + net interest + maintenance) was less than rent was. Then we upgraded the finishes and changed the layout to suit us, because life is for living. I fully expect much of the costs of those upgrades to depreciate over the 7-10yrs I'm here, just like a car or most other goods - I don't know why people like Rhino think that there is some type of 'cash on cash' return on appliances or tiling or paint. which is why i paid cash for them.

printer , it's all depend of the renovation cost versus home price. there is a breakpont that's worth/or not to renovate.

sorry "breakpoint"