Housing: Rent vs Buy
In: Housing Innovative Source: Ritholtz Source: WSJ US Economy
17 Aug 2011Barry Ritholtz has another great post about the housing market over at The Big Picture. In addition to his analytical insights, he pointed out two great tools for looking at housing markets across the country.
The first is a Rent vs Buy interactive from Trulia:
(related Trulia article and methodology)
Second is the Wall Street Journal’s chart of price-to-income ratios (compared to the 1985-00 average).
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1 Response to Housing: Rent vs Buy
James
August 17th, 2011 at 4:05 pm
Yeah, that makes a ton of sense…DC’s average listing price on another part of your site shows $670K…yet it makes more sense to buy in DC than to rent. I live here, and let me tell you…there’s not much accurate about that. http://www.trulia.com/home_prices/