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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Wyätt Gwyön who wrote (6076)10/18/2002 3:27:07 PM
From: Gary L. KeplerRead Replies (2) of 306849
 
Mucho,

The rule of monthly rent times 100 for value was true 30 years ago back east for buying apartments so it seems to be a good long-term rule of thumb at least for rentals and for evaluating sanity in the current RE market.

With current values 200-300 times potential monthly rents, San Diego housing remains at risk for a correction.
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