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Aug 20, 2010 at 15:37 comment added Alex B Real Estate is local, all the articles here refer to the US housing market. Bankrate says purchase price / annual rate in the US has a long term average of 16.0. Fool says Purchase Price/Monthly Rent: 150 is good buy, 200 starts to get expensive.
Aug 20, 2010 at 14:00 history answered CrimsonX CC BY-SA 2.5