SSRN-House Prices and Fundamentals: 355 Years of Evidence by Brent Ambrose, Piet Eichholtz, Thies Lindenthal

As a part time landlord, I will definitely agree with this this one. I am not sure the reason, but rent prices take much longer to adjust than do real estate prices. Now we have 355 years of data (amazing btw) to back up that statement.SSRN-House Prices and Fundamentals: 355 Years of Evidence by Brent Ambrose, Piet Eichholtz, Thies Lindenthal: "This paper examines the long run relation between