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Some of them -- most likely the majority -- rent also, you know.
by kafkaesq 11y ago
Some of them -- most likely the majority -- rent also, you know.
- linkregister 11y agoRight, so how could they be responsible for pushing up housing prices if most are renting?
- kafkaesq 11y agoGosh, I don't know. Maybe housing prices and market rents are like... related somehow?
- linkregister 11y agoCould you flesh out your point instead of simply repeating it?
- FranOntanaya 11y agoThe sale price of a house is always going to be capped by how much you could make instead by renting it. If the average rental makes $45K a year nobody would sell that house for $250K.
- kafkaesq 11y agoIn general, the more you can rent a property for... the more you can sell it for.