[shinazueli]

I don’t think you understood his point. Obviously, those homes have appreciated. His point is that people who own property right now in SF stand to make more money by simply selling their property, and using the proceeds to purchase property in other cities around the country, with better ratios.

Appreciation, by itself, will naturally drive this ratio down because of rent control laws. The value of the home is the denominator in that fraction.

[xenihn]

How is that relevant to the original post?

[closeparen]

I don’t think you can make a claim and then dismiss counter-claims based on relevance. You decided that relative profitability of rent in different cities was relevant here.