#9
Unaffordable Markets Make Renting Rational
Renting is the only rational choice when price-to-rent ratios exceed 30x, as seen in San Francisco (32x), London (35x), Hong Kong (48x), and Sydney (33x). Until prices correct or incomes catch up, renting saves you 10-20% annually compared to buying.
0
Photos (1)
Comments on "Unaffordable Markets Make Renting Rational"
Have a take on this ranking?
Comments are how the argument actually happens here. Posting one needs a free account — it takes about a minute.
No comments yet.
The first comment sets the terms of the argument.