As Landlords and Real Estate Agents Monte and I love the KCM Blog today.    In the last 6 months both of Monte’s children purchased homes and if my son was 18 he would have purchased his first home as well and not because I want him to move out!    Think about it you can purchase a $200,000 home with a principle and interest payment around $950 a month locked for 30 years!   You should see the homes that rent for $1,200 or $1,300 a month today in Salt Lake!  Maybe you live in one?    If so look around your place then go to my site and see what you can own with that payment:    www.homepricesutah.com

What do you think rents will be in 30 years when that home is paid off?  What do you think the homes value will be?   NO BRAINER!  

Check out the Blog where are rents headed:

http://www.kcmblog.com/2012/02/08/where-are-rents-headed/print/