Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: BGR who wrote (78407)	3/23/2000 9:38:00 AM
From: Freedom Fighter	Read Replies (1) \| Respond to of 132070

BGR, Could very well be. Perhaps there was a period where rent increases far outstripped increases in housing prices. We may have gone through an adjustment in the other direction. When I bought my residence (2 bedroom coop in Queens) it would cost $700 to rent. Right now it would cost $1100 to rent. The price is about 20% above what I paid for it. In hindsight, I probably overpaid a tad, but in recent years there has been an adjustment. In the last 2 years, the appreciation has been faster than the rent increases. My only point is that there is some leveling effect between the two over time and I think it is worth looking at both to get a better guage on inflation. Wayne