The article focuses on CA, but Seattle is shown on several of the charts. the price to rent chart has a historical comparison. According to this report 20 is the historical multiple, and we're currently at 37.
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Excerpts from May 2007 Homebuilder monthly report
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Excerpts from May 2007 Homebuilder monthly report
by mike2 » Wed May 16, 2007 8:55 am
- mike2
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by deejayoh » Wed May 16, 2007 11:22 am
But Mike, you are forgetting what happened last year. I read a bunch of posts this morning that the market was great last year. and the year before that - whoa!
If we could just get more posts on this board of what happened in the past, it would make the discussion easier.
I guess I woke up in sarcastic mood this morning
If we could just get more posts on this board of what happened in the past, it would make the discussion easier.
I guess I woke up in sarcastic mood this morning
- deejayoh
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