The cost of owning and the cost of renting in OC housing market is balanced. Unfortunately, neither one is affordable based on local incomes.
I once wrote that Rental parity establishes the value of residential real estate, but others use different metrics to measure value and affordability. If...
OC Housing affordable relative to rent, but not relative to income
Thursday, December 10, 2015
OCHN: OC Housing affordable relative to rent, but not relative to income
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