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by 1123581321 16 days ago
I don't think so.

A rental house is almost always more expensive if it's an apples-to-apples space, or the renter's use of it is significantly restricted even though it looks similar. Sometimes both.

There can be temporary mispricings of rent vs mortgages, but they correct, and they go in both directions. There are always small mispricings in housing markets that let individuals do exceptionally well (or be ripped off.)

1 comments

>I don't think so.

this isnt a valid response. you are just wrong. https://constructioncoverage.com/research/cities-where-its-c...

For the most part, those aren't like-for-like comparisons. In much of the US, where the average mortgage price is higher, it's because people are buying more than what they would rent.

There are a few distorted markets where that's not the case.

Didn't mean to offend with the preface before the rest of my comment.