Is Your House Overvalued
The New York Times takes an interesting look at the bubble, and an even more interest cost analysis based on the rental market influencing housing sales
“The easiest way to gauge a home’s value is to borrow a tool from the stock market. In the most basic method of analyzing a stock, investors look at its price-to-earnings ratio, a comparison of a company’s share price with its annual profit. The higher the ratio, the more expensive a stock is relative to its underlying value.”
