Interesting that the Rental Housing Price Indices has seen a fall in some cities!!
araes•1h ago
It actually saw a fall even for the Home Sale Price Indices in Memphis. Memphis appears to be the winner of worst housing investment.
In 2006, prices were 0.92x the prices in 1911. (several towns would not calculate before 1910-1911)
The winner of highest, most wildly escalating prices appears to be San Diego. Prices in 2006 were 6.73x the prices in 1911.
Several surprises personally, figured Houston and Dallas would have increased more. Atlanta was a surprisingly bad investment at 0.99x (also negative) since 1911. Baltimore was surprising positive at 3.81x in 2005 vs 1911 prices, with how much people badmouth Baltimore from anecdotal perspective.
Lot, kind of what was expected. Los Angeles is expensive (6x). New York is expensive (4.61x). San Francisco is expensive (5.23x). Boston is expensive (5.49x).
realty_geek•2h ago
araes•1h ago
In 2006, prices were 0.92x the prices in 1911. (several towns would not calculate before 1910-1911)
The winner of highest, most wildly escalating prices appears to be San Diego. Prices in 2006 were 6.73x the prices in 1911.
Several surprises personally, figured Houston and Dallas would have increased more. Atlanta was a surprisingly bad investment at 0.99x (also negative) since 1911. Baltimore was surprising positive at 3.81x in 2005 vs 1911 prices, with how much people badmouth Baltimore from anecdotal perspective.
Lot, kind of what was expected. Los Angeles is expensive (6x). New York is expensive (4.61x). San Francisco is expensive (5.23x). Boston is expensive (5.49x).