4 ms·
"The rule of thumb was: - buy when home prices are 10x rent - sell when home prices are 20x rent" - The Big Short by Micheal Lewis [0] I remember reading th
by alexpotato 2mo ago
"The rule of thumb was:
- buy when home prices are 10x rent
- sell when home prices are 20x rent"
- The Big Short by Micheal Lewis [0]
I remember reading this quote and then checking NYC prices and it was a 33x multiple.
0 - https://amzn.to/4cr0tWX https://amzn.to/4cr0tWX