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A comment on Homeowner vs. Renter: Why Should You Ever Buy a House (at all)?. Parent comment

Re:Homeowner vs. Renter: Why Should You Ever Buy a House (a... by hugh on Monday May 12, 2008 @12:05AM (#187270)
You made pretty much the same points that I was about to.

However, since I live in the Sacramento area I will add that his numbers seem way off. $400K doesn't get you a 1000 sqft two-bedroomer nowadays, it gets you quite a nice three or four bedroomer (say, http://sacramento.craigslist.org/rfs/672061645.html)... or a huge six-bedroomer if you want to live in a new suburb (http://sacramento.craigslist.org/rfs/676328067.html)

The $950 a month for a one-bedroom apartment is about right.

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Re:Homeowner vs. Renter: Why Should You Ever Buy a House (a... by mattmaroon on Monday May 12, 2008 @02:23AM (#187332)
Ok, that makes much more sense. As I said in my earlier comment, his ratio seemed really far off.

Sacramento must have been hit pretty hard eh? I looked there 2 years ago and seem to remember prices being considerably higher. I was looking at a new 2 br attached for about $350k in East Sac.

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