Wednesday, October 8, 2014

OCHN: Is SoCal housing overvalued or merely as expensive as usual?

Whether one considers SoCal markets overvalued or fairly valued depends on how fair value is measured.

What is the best measure of value in a housing market? The two most commonly accepted measures are price-to-rent and price-to-income, but both have a similar weakness: they don’t...
Is SoCal housing overvalued or merely as expensive as usual?





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