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Rent vs. Buy

June 17th, 2008

Here’s a great site that computes the median sales price/monthly rental price by town or county and plots it on a map. As you can see in the screenshot below, my town of Menlo Park is an expensive place to buy: the ratio of sales/rent is over 20x compared. In contrast, Newark/Fremont in the east bay are near the national average of 14x. You can check out your current or prospective neighborhood(s).

2008-06-18_092059.png

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