Updated over 3 years ago on . Most recent reply
Price to Rent ratio for multiple regions
Hello! I live in a market that feels over-priced, so I started exploring long distance investing. One of the first metrics I started looking at was the price to rent ratio.
I pulled a few pieces of data, joined it together, and visualized it to get a handle of what the price to rent ratio for different regions looks like. I've shared them below in case anyone finds this sort of information useful.
I'll probably take a few more passes at this data and add updates to the main page.
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Nicec compilation @Kwan Lin.
You may enjoy this article below. See the link to the Fed report under the price to rent heading that is linked within also. I find this interesting but sometimes find it hard to draw conclusions from...other than there is some grounding and equilibrium of the two over time that may likely be found. I like the detail by city you have, because if you are familiar with the city and neighborhood class of the potential property , it can inform good value. If the neighborhood class is not good, well it still may have an attractive price to rent but for good reason and perhaps not be of such good value. I wonder where some of those high end properties (with lower rents) are headed in an increasing rates environment. Lots to think about and contemplate.