A price-to-rent ratio above 15 can mean that the prices for homes in a community are inflated.

Name: A price-to-rent ratio above 15 can mean that the prices for homes in a community are inflated.
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Question

Quizplus · Accepted Answer

A price-to-rent ratio above 15 indicates that the cost of buying a home is significantly higher than the cost of renting a similar property. This can suggest that the prices for homes in a particular community are overvalued or inflated, which may not be sustainable in the long term.

A Price-To-Rent Ratio Above 15 Can Mean That the Prices