These are the countries where it makes more sense to rent than buy
J Thoendell stashed this in Home
The question of whether to buy or rent can have very different answers depending on where you live. There’s been a big split between housing markets that had a brief decline during the great recession and are now beginning to overheat, and those that are still in the midst of a very slow recovery.
In Japan on the other hand, prices are still in the basement. Here’s the spread in price-to-rent ratios around the world, according to the IMF:
United States housing is not in a bubble? I find that hard to believe.
I guess there are pockets of bubble in the United States, while other pockets are underpriced.