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Right, so how could they be responsible for pushing up housing prices if most are renting?
by linkregister 11y ago
Right, 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.