Cheaper To Buy Than Rent
Though the gap is narrowing – due to rising home prices and rising interest rates (somewhat counter-balanced by rising rents) – Trulia reports it is still cheaper to buy than to rent in San Francisco (due to high rents and still reasonable interest rates), check it out here.
Also, if your buyer complain about how expensive SF is, you can tell them we’re not even close to the most expensive worldwide according to the Economist. NYC is the most expensive in North America and it only comes in at #26, check it out here.
Here is the top 10: Singapore, Paris, Oslo, Zurich, Sydney, Caracas, Geneva, Melbourne, Tokyo and Copenhagen.