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Re:Homes in 97% of U.S. cities are overvalued, Moody's says by refurb on Thursday May 05, 2022 @10:38PM (#31280661)
Just look at the price to rent index - 15 to 16 is neutral (renting and owning cost the same).

San Francisco is currently 52.

In HCOL areas, renting tends to be cheaper than owning because home price reflect not only cash flow, but expected appreciation as well.

https://smartasset.com/mortgage/price-to-rent-ratio-in-us-ci...

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