patrick.net

So how do you know which is the more affordable housing option between buying and renting? One indicator is how many people live in your county. Renting is generally more affordable in areas with larger populations, while less-populated counties tend to see buying as the better option, the researchers at Attom found.

In 36 of the 43 counties nationwide that had a population of 1 million or more, renting was the more affordable option. This includes the nation’s largest cities, such as New York, Los Angeles, Chicago, Houston and Phoenix. Additionally, in over two-thirds of the counties with populations greater than 500,000 people, renting was the less costly choice for housing.

That's not to say Renting is Cheap.

This is some good ass pro RE investor propaganda. Mighty fine!

Trump needs to build 10 new boom towns. Pick a couple river towns along the Mississippi and make about 10 new Miami Dade counties.
Every city mentioned in that study would empty out and their shit shacks would drop to an average price of $175K. Even less depending on housing stock available.

Trump needs to build 10 new boom towns. Pick a couple river towns along the Mississippi and make about 10 new Miami Dade counties.

If one could just will boom towns into existence (isn't China trying something like this with the ghost cities?), why not just will the boom towns somewhere in Mexico? I am sure the illegals would prefer Mexico to California if they could get jobs, and the illegals leaving California would free up some housing and rents would thus fall.