3 ms·
Which rent survey are you referencing? I'm going off https://www.zillow.com/santa-clara-county-ca/home-values/ https://www.zillow.com/santa-clara-county-ca/hom
by usaar333 9y ago
Which rent survey are you referencing?
I'm going off https://www.zillow.com/santa-clara-county-ca/home-values/ https://www.zillow.com/santa-clara-county-ca/home-values/ which AFAIK uses all rent postings.
FWIW, there's also intuition backing this. e.g. go to zillow and click on units for rent in Cupertino. And be shocked that their estimated purchase prices are ~40x yearly rent. (It's difficult for me to see how that just isn't irrational pricing)