---
title: Housing Price/Rent Ratio Dropping
description: "Cheaper to buy than to rent in 72% of largest U.S. cities Trulia: Former homeowners flooding rental market By Inman News, Monday, January 24, 2011."
---

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# Housing Price/Rent Ratio Dropping

Posted by [Daniel Jones](https://www.fair-assessments.com/blog/author/daniel-jones) on Jan 24, 2011 6:07:00 PM

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Cheaper to buy than to rent in 72% of largest U.S. cities  
Trulia: Former homeowners flooding rental market  
By Inman News, Monday, January 24, 2011.

Despite the rising number of renters across the country, it is cheaper to buy a home rather than rent one in 72 percent of the 50 largest cities in the U.S., according to an index released by real estate search and marketing site Trulia.

"Since the start of the 'Great Recession,' many former homeowners have flooded the rental market. Following the principles of supply and demand, renting has become relatively more expensive than buying in most markets," said Pete Flint, CEO and co-founder of Trulia, in a statement.

"Though necessary for achieving true economic recovery, stricter bank lending practices have also further aggravated the struggling housing market in the short term. Even highly qualified homebuyers face intense scrutiny on their income, savings, existing debt and credit history before they can get a mortgage loan."...  
[http://www.inman.com/news/2011/01/24/cheaper-buy-rent-in-72-largest-us-cities](http://www.inman.com/news/2011/01/24/cheaper-buy-rent-in-72-largest-us-cities)

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