Buying Smarter than Renting in Columbus OH
New York Times: Buying smarter than renting in Columbus
In a recent analysis, the New York Times recommends that the rent ratio - the purchase price of a typical house divided by the annual rent of a similar house – shows that Columbus’ market favors buying a home over renting one.
The rent ratio for Columbus for 2009 is 16.9 and, as the Times states, “a number well below 20 makes a better case for buying.”
Read more from the New Your Times here.
VP, Partner Revealty and ColumbusSpecHomes.com Owner of AM Direct Marketing, LLC Consultant for GSW Worldwide; Lead client services for Bank of America VP, Bank One, Corporate Information Management, Household Marketing and Profitability Analysis,...
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Larry Schottenstein is a certified negotiation expert, real estate author, educator and TV reality show host
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