The New York Times has a story on this topic today. While we in Australia are well under most of the US in terms of affordability, the story includes an interactive flash tool which is pretty useful.
Tool is at: http://www.nytimes.com/2007/04/10/business/2007_BUYRENT_GRAPHIC.html
Related story: http://www.nytimes.com/2007/04/11/realestate/11leonhardt.html
It is interesting to run a few scenarios through it.
Cheers - Dave
Tool is at: http://www.nytimes.com/2007/04/10/business/2007_BUYRENT_GRAPHIC.html
Related story: http://www.nytimes.com/2007/04/11/realestate/11leonhardt.html
It is interesting to run a few scenarios through it.
Cheers - Dave
