Gap Between Renting and Owning Narrows Most in Several Bay Area Cities
by Jane M. Wolkowicz | MULTIFAMILY EXECUTIVE
Traditionally, you think of the Southeast, the middle of the country, and Texas as being the multifamily markets most exposed to for-sale housing. However, in the past year, the difference in monthly cost between owning and renting has actually narrowed most on the West Coast, which has seen major rent gains. Here are the top 10 such markets.
Sources: John Burns Real Estate Consulting: RealFacts