Rents have been depressed due to eviction moratoriums So I don’t think this metric is useful right now to gauge the housing bubble. The main mistake usually mad

Rents have been depressed due to eviction moratoriums So I don’t think this metric is useful right now to gauge the housing bubble. The main mistake usually made with housing is not accounting for inflation. Here is a data driven analysis that does: https://realestatedecoded.com/case-shiller https://realestatedecoded.com/case-shiller Housing prices will eventually mean revert like they always do. However, interst rates are so low right now that it still can make sense to buy now.