200 X … heck no … 100 X is what I shoot for. In Charlotte NC that actually is a sign that both renter and owner are happy. But when I lived and rented in CA, I dont think any of my land lords were doing better than 150-200 X and that was from 95 – 2002. By 2002 we were firmly in 200 X territory. In 95 I was probably in the 150 X and I’d call that a fundamental. That was in northern CA BTW in the height of the IT growth … as in before we sent those jobs to India and china.
Cool.
Cow_tipping.
