>Seattle also has a high price-to-rent ratio: https://www.mashvisor.com/blog/best-real-estate-markets-pric.... You may actually lose money on a cash flow basis if you buy.

I don't know where they got their numbers, but they're saying that home price of a $1000 rental is $421,080 which is absolutely insane for Seattle. 3 Years ago when I was shopping around shitty apartments were $1500+, with decent apartments and houses renting for $2000+ easily. One of my family members rent out their $400,000ish house for something like $2200-2400 a month. You won't be able to find a $400,000 property to rent for anywhere close to $1000. My house was listed in the 200s, sold for 12% over asking, and has appreciated nearly 50%. If I ever move my house will rent for over $2000 a month easily and it's quite old and not even in Seattle proper