27
Apr
The Bust Hits Bottom – Rental Income Restores Housing Market Viability
by Derek Weeks - Denver RealtorPublished in: Denver Housing Market, Owning Rental properties
It has been clear to me for over a year that the housing balloon that we’ve been observing from below was drifting far too close to the sun for comfort. I knew, as did so many analysts, that it would inevitably pop and, like Dr. Seuss’s allegorical Yertle the Turtle, plummet ungracefully into the mud. That day has come and gone, but the frenzy remains as people imagine how much further into the proverbial mud the shreds of this housing fantasy might yet sink.