Current rent to sale price ratio?

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Current rent to sale price ratio?

Postby jld » Tue Aug 03, 2010 11:20 pm

I'm looking to rent a condo for about 0.5% of the purchase price in monthly rent. Does anyone know what the current going rate is for purchase vs rental price?

I used similar condos recently sold in the same building to get that number.

How does that compare to the current rental market?
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