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A comment on Home Values Are Rising by $800 a Day in San Jose. Parent comment

Re:Home Values Are Rising by $800 a Day in San Jose by sidlls on Monday April 09, 2018 @10:32PM (#16798596)
2% in SJ? That's insane. I'm paying 0.35% of the average sale price in rent for a townhouse in my community (San Mateo/Burlingame area).
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Re:Home Values Are Rising by $800 a Day in San Jose by ericd on Monday April 09, 2018 @11:47PM (#16798862)
Both are insane, when you consider property tax and maintenance, unless you assume a continued upward march in valuations.
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Re:Home Values Are Rising by $800 a Day in San Jose by tehlike on Tuesday April 10, 2018 @12:13AM (#16798939)
That is exactly why cap rates are squeezing.
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Re:Home Values Are Rising by $800 a Day in San Jose by klipt on Tuesday April 10, 2018 @06:39PM (#16806236)
Is that per month or per year?
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Re:Home Values Are Rising by $800 a Day in San Jose by sidlls on Wednesday April 11, 2018 @02:44PM (#16814150)
Per month. I generally charge my tenants (outside the Area) pretty close to 1% per month, for reference. If I can't get 0.9% per month or more, the property isn't worth the effort at renting it out.
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Re:Home Values Are Rising by $800 a Day in San Jose by tehlike on Tuesday April 10, 2018 @12:05AM (#16798906)
Looks like my data was old :)
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