How data lies
From Realtor.org:
In a report for Forbes.com, Hotpads.com, an aggregator of rental listings, produced a price-to-earnings spread for each ZIP code in the country’s 40 largest cities by comparing rental costs with buying costs for similar properties, based on number of bedrooms, location, and price per square foot.
A price-to-earnings ratio, or P/E, expresses how much a [...]



