Sunday Spectacle CCXVI

Value of US Residential Real Estate & Rent

Not entirely sure how accurate the figures are but, based on computations by Zillow, Reuters reports that the total value of US residential real estate is around $29.6 trillion. Total rent paid is around $478.5 billion. The rental yield is only like 1.6% -- does that seem right? Anyway, here is the data.

(source: "Data Dive: What $30 trillion will get you," Beth Pinsker, Reuters, January 5, 2017)



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