"Disciplined Systematic Global Macro Views" focuses on current economic and finance issues, changes in market structure and the hedge fund industry as well as how to be a better decision-maker in the global macro investment space.
Saturday, February 1, 2014
Buy-rent shift will take a bite out of housing market
Any softness in the housing market has been explained away by the cold weather throughout the US. No one is going out in the cold to make major purchases, but a more interesting dynamic is the shift between buying and renting costs. It is now cheaper to rent. It does not seem to an issue that has been the focus of many. The recent Business Week chart is an exception.
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