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Rent is high in places with good employment, but the penalty you pay for buying (price to rent ratio) is higher their. https://smartasset.com/data-studies/pric

Rent is high in places with good employment, but the penalty you pay for buying (price to rent ratio) is higher their. https://smartasset.com/data-studies/price-to-rent-ratio-in-the-50-largest-us-cities-2022 https://smartasset.com/data-studies/price-to-rent-ratio-in-t... In other words, rent is high in San Jose but renting is cheaper than buying in places like that.

HPsquared 2y ago
In other words, rental yields are low in those places. Probably because the prices are expected to increase, so the owners benefit from capital gains rather than rent. Definitely should be a temporary phenomenon though. Prices are falling in a lot of high-priced urban locations, eg. London.