Inflated rents portend inflated house prices. If rents are at unsustainably high valuations, then so are house prices.
Historically, rent and income were bound in a tight relationship because renters generally pay the bills out of current income rather than savings. If income rises, renters use...
Do sky-high rents disguise a new housing bubble?
Wednesday, August 19, 2015
OCHN: Do sky-high rents disguise a new housing bubble?
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