$200K house than can rent for $20K per year has a rent to price ratio of 10. It would be wise to buy in this market.
Sice housing prices should be linked to what they can rent for, it's a check to see if the two are aligned.
$200K house than can rent for $20K per year has a rent to price ratio of 10. It would be wise to buy in this market.
Sice housing prices should be linked to what they can rent for, it's a check to see if the two are aligned.