Rent Ratio Tells You Whether Renting Or Buying Is The Better Deal
When making the decision to rent or buy a home, you also need to look at rental rates for comparable properties to understand if it makes more economic sense to buy or rent on a long-term basis. One useful tool is the rent ratio, the ratio of the purchase price of a house divided by the annual rent of a similar home.
Read more on Forbes Blogs
Orignal From: Rent Ratio Tells You Whether Renting Or Buying Is The Better Deal
Post a Comment