Originally Posted by Alex from Montreal

If you look at the the ratio of rent to home price in many market, you'll clearly see the "premium price you need to pay to own a house.

For example, In Boston, you can rent a two bedroom in a nice area for $1,200 per month; to purchase it, it would cost roughly $400,000 with and a monthly expense of roughly $3,000. You feel me now!

Also a currently rents are currently at their lowest price ever compared with home prices...