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Heres a link to that article
http://money.cnn.com/magazines/fortu...e_rent_ratios/
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very interesting, yet disconcerting article.
i have a question, and sorry for the hijack:
why are price to rent ratios historically so different across different cities? I can understand why they would have short term fluctuations, but I can't figure out why certain places historically have 2x and 3x P/R ratios of other places.
thanks,
tc