Real House Prices, Price-to-Rent Ratio and Price-to-Median Income in December and a look at “Affordability”
https://ift.tt/G3SMEjv Today, in the Calculated Risk Real Estate Newsletter: Real House Prices, Price-to-Rent Ratio and Price-to-Median Income in December Excerpt: In October 2004, Fed economist John Krainer and researcher Chishen Wei wrote a Fed letter on price to rent ratios: House Prices and Fundamental Value. Kainer and Wei presented a price-to-rent ratio using the OFHEO house […]