The price-to-rent ratio ratio is about 37 in New York City. If you rent an apartment for 2000$ a month, how much do you expect it to be worth? If you buy an apartment for 500,000, how much should you rent it?

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ISBN:9780470458365
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The price-to-rent ratio ratio is about 37 in New York City. If you rent an apartment
for 2000$ a month, how much do you expect it to be worth? If you buy an apartment
for 500,000, how much should you rent it?
Transcribed Image Text:The price-to-rent ratio ratio is about 37 in New York City. If you rent an apartment for 2000$ a month, how much do you expect it to be worth? If you buy an apartment for 500,000, how much should you rent it?
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