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Old 11-08-2007, 02:54 PM
 
1,267 posts, read 3,295,920 times
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Quote:
Originally Posted by LAAFTERHOURS View Post
Article on cnn.money - speaks to market correction

Real estate: Buy, sell, or hold? - Nov. 7, 2007

Link to table spelling out Price to Rent ratios for many markets including Denver. Also a five year projection based on rent vs price Housing Woes - Fortune Magazine
good links. rent in denver can be quite cheap, though there might be some areas that skew these stats a little (around union station, e.g.). there are some rent versus buy calculators (NYTimes has a good one you can google) that indicate that, with likely home inflation and rent inflation (which as far as i see is VERY low - lots of competition it seems) etc., it is currently (and for foreseeable future out for a few years) it's better to rent and invest your money elsewhere (or not - even without investments, the break even point for owning can be 5, even 10 years or more).
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