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These are the countries where it makes more sense to rent than buy


These are the countries where it makes more sense to rent than buy Quartz

These are the countries where it makes more sense to rent than buy Quartz

Source: http://qz.com/287510/where-in-the-world-...

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 Canada and Norway, the housing market seems to be on the bubbly side, making it very expensive to buy a home instead of renting. In New Zealand, the issue is constrained supply (pdf).

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:

Stashed in: The World, Homeless, Cities, Economics, Rent vs Buy

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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.

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