High degree of market overvaluation suggests for the foreseeable future house prices will appreciate far less than the average of the last 40 years.
My favorite measure of value for individual properties and the entire market is the ratio of rent to home ownership cost. I prefer this method...
Price-to-rent ratio suggests housing is 30% overvalued
Tuesday, April 7, 2015
OCHN: Price-to-rent ratio suggests housing is 30% overvalued
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