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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: stockman_scott who wrote (28758)3/25/2005 5:19:54 PM
From: Sam CitronRead Replies (1) of 306849
 
The average house in San Jose, Calif., costs 35 times what it would cost to rent for a year, according to Economy.com, a research company. In New York and West Palm Beach, this ratio - a rough equivalent of the price-earnings ratio for stocks - is almost 25.

Price/rent ratio as a rough equivalent to P/E. I like it!

Sam
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