This visualization assumes that a condo for sale is the same quality as an apartment for rent. At least in Seattle, that is not true--there has been a rash of

This visualization assumes that a condo for sale is the same quality as an apartment for rent. At least in Seattle, that is not true--there has been a rash of (ill advised) condo construction in the area which has resulted in a lot of really nice two bedroom condos for sale, with new construction and spectacular views. Two bedroom apartments on the market are nowhere near as nice--and, of course, nowhere near as expensive. That's not to say that the condos aren't overpriced, just that the distribution of supply may not be uniform in every city.