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Rent Vs Buy

More on the Rent Vs Buy Debate…. :)
Renting vs. Buying: The Realities of Home-Ownership

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    • This entry was posted on Thursday, August 2nd, 2007 at 9:44 am and is filed under Ramblings. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

    One Response to “Rent Vs Buy”

    1. Matt Stanford Says:
      August 3rd, 2007 at 7:12 am

      A few years ago Economist Edward Leamer derived a buy/rent ratio for several housing markets similar to the P/E ratio for equities.

      http://sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2004/06/17/BUGND776191.DTL

      http://www.signonsandiego.com/news/metro/20070717-9999-1n17housing.html

      The market can stay irrational longer than you can stay solvent. -Keynes

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