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Updated over 6 years ago on . Most recent reply

Jason Malabute's profile image
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Jason Malabute
  • Accountant
  • from Los Angeles, CA
  • Member since Apr 20, 2016
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Jason Malabute's profile image
Jason Malabute's profile image
Jason Malabute
  • Accountant
  • from Los Angeles, CA
  • Member since Apr 20, 2016
Connect
Jason Malabute
  • Accountant
  • Los Angeles, CA
677
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General Real Estate Investing

price to rent ratio of market

Jason Malabute
  • Accountant
  • Los Angeles, CA
Posted

The price to rent ratio is calculated by:

Price to Rent Ratio = Average Property Price/Average Annual Rent

The problem is Census only has median amounts but not average price and rent.

Is it ok to use median instead of average in the beginning stage of research just to filter out markets?

If not, where would you find average price and rent amount in census?

Thanks

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