Real Estate

House Price-to-Rental Income ratio: GTA/GVA vs. World Class cities?

  • Last Updated:
  • Jun 3rd, 2016 4:35 am
Tags:
None
[OP]
Deal Addict
Jan 26, 2016
1788 posts
1712 upvotes
Toronto, ON

House Price-to-Rental Income ratio: GTA/GVA vs. World Class cities?

Do you have any comparable data regarding the disparity seen in the GTA/GVA areas with regard to the amount of income that can be generated through rent vs. how much the house costs, as compared to other world class cities?

Are house prices also way out of whack when compared to renting the same house out in other cities like London, New York, Tokyo, etc.?

I understand that there may be a legitimate premium for the ownership, but would like to find out if the disparity developed over the past 15 years in GTA/GVA is something that is unique to the two Canadian cities...
1 reply

Top