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rent divided by price? As the price increases you become more likely to buy? Also, the monthly rent?
by mac01021 10y ago
rent divided by price? As the price increases you become more likely to buy?
Also, the monthly rent?
- refurb 10y agoPrice divided by annual rent. $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.