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I see articles like this all over Yahoo also right on the main page. Usually, they're linked to CNN. I wish I knew of a place that did some sort of comparative ratio of Real Estate market price to Rental Market value or something like that. I'm sure such a thing exists, but I don't know where. Anybody here know of anything like that?
Affordability isnt the only reason to buy in an area though. They dont tell you that Indy has a 9 month supply of houses either. Its affordable because the foreclosures keep appreciation in check. Oh yeah, we are in a bit of a property tax crisis at the moment too.