...I mean... what the fucking planet are these guys living on, FFS?
I tend to belong to the "upper middle class" salary, I suppose, with my 15 years as a enterprise developer. I live rather prudent and savvy life. I can scrap together few spare $$$ of savings here & there, but... I am better off, than nearly ANYBODY I can think of, from my friends, family, and closer or further connections. And I am not living high-life, not at all.
How the feck, can anybody sane claim, that the economy(ies) are getting better, like, RECOVERY, with a fucking $90 billion, being printed and pushed onto the "economy", for fox's sake, some prices simply HAVE to go up.#
But the real question is: WHO CAN AFFORD THESE THINGS? Certainly, not the people, who are broadly expected to buy them IN THE END, ie, the so called broad public.
So I don't give a fuck, if there's a new mania in buying houses, this time-for rent, pushing the prices up - these houses, will end up, mostly unoccupied OR BEING A LOSING INVESTMENT - if people cannot afford to get a mortgage on it, they certainly cannot afford to pay somebody else's mortgage + his/her profit margins. Simples.
Just you all wait...