It's the rent! No, really!
Kevin, does your comparison of rents to prices assume that the media home is the same, whether rented or purchased? In my market, the median rent is for a "inferior" home than is used to calculate median price.
Kevin, does your comparison of rents to prices assume that the media home is the same, whether rented or purchased? In my market, the median rent is for a "inferior" home than is used to calculate median price.