Belltown apartment building sells as tech fuels Seattle-area market

I am always intrigued by the $/unit number in these apartment building sales. I would think that this would be a relevant number for renters considering buying. This is the price that an investor is willing to pay to rent this space to you (presumably a premium for the right to use it to generate future revenue and a discount for volume). Would you pay that much to own it (or something similar) and control it yourself? Any other thoughts on this data point?

http://m.bizjournals.com/seattle/blog/techflash/2013/11/tech-effect-fuels-seattles-apartment.html

Posted on November 6, 2013 at 7:44 pm
Michael Doyle | Category: Buyers | Tagged , , , , , ,

Great Rent v. Buy Analysis (adjusts for individual factors)

Pretty in-depth and dynamic Rent v. Buy analysis from Trulia, including adjustments for interest rate/hold period/tax deduction
http://trends.truliablog.com/2012/09/rent-vs-buy-summer-2012/

Posted on September 14, 2012 at 4:55 pm
Michael Doyle | Category: Uncategorized | Tagged , , ,