Buy a rental pair intention: New rules of thumb?

Please let me know when that blog in Bucks points to the infographic site, you are trying to rent a pair of home to buy (and vice versa) one Trulia is the best. They offer a conclusion from the thing of the photograph.

Trulia calculates the ratio by comparing the list price for the central apartment of two bedrooms, the average rent of apartments and townhouses in on their website. Report 1-15, owning a home is cheaper ratio of 16-20, rather than rent in the city, especially the total cost, than the rental of this city, but the purchase of many, depending on the situation more this, " is "You can be in and yet economical. Finally, the ratio of mean scores greater than 21 "rent is a lot cheaper than owning a home in this city." According to Trulia.com

In order to clear about what they are talking just, here's the math.

The average list price of an average house rent townhouse market / two-bedroom apartments, condominiums and

Example of press release Trulia:

Median sales price: $ 140,201.37 Median rent: $ 1,871.65 Ratio: $ 140,201.37 ÷ ($ 1,871.65 × 12) = 6

And here, an overview of the Trulia results are as follows.

Than to rent a house of 2 bed room 72% of the 50 largest cities in the United States, this is cheaper to buy. At the same time, the cause has occurred and unforeseen financial difficulties or rent check, the American people and more people of the tenant. Contrary to the national trend, which is the only inexpensive rental, than buying the four cities of this study - that is, New York, Seattle, Kansas City, San Francisco. Buying despite the relatively low price is still 10 remaining cities, is a place that might be good financial decision-making in the long term.

All costs is included in cost of buying Just a note, a home mortgage, maintenance, and insurance.

". It is recommended that you rent, to buy" I resolve the debate we report that can help to understand the controversial issue often you - and concept - is an interesting study this I think that it will look at the new rules of thumb to.

Of course, entering purchase / redemption decision TN a lot more '(the size of such places, places, and family needs) to, but it is a way of looking at the relationship of the key elements between: cost. Of course, it must be in accordance with the house / apartment that you pull your market in relation to you, to rent / buy. However, it is convenient.

2500 feet (almost) there is a place that is worth 170,000 dollars now well the house we. I think when you rent a place, I would be 850 dollars a month to pay our relationship it is because we (not so good for anything, but go with it we are now.)

$ 170.000 / ($ 850 × 12) = 16.7

So in the area of ??gray us. However, I think was the one who thought it would like to rent a house like us, so what makes the relationship between the 11.8, to become a $ 1,200 month or more, I, under the significant guidelines it, The ". buy"

So, what do you think of the report? Do you think you're looking for a new rule of thumb and we will be discussing the "buy" it?