Word: ratio
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...figure out which is better now, start with the fact that in the long run, the costs of owning and renting stay in fairly steady proportion. Economists call this the price-to-rent ratio - take the average cost of buying a house and divide it by what you'd pay in rent in a year. The analysis shop Economy.com calculates that since 1986, the price-to-rent ratio for U.S. cities has averaged 16.5. In other words, the price of a house is the same as what you'd pay to rent it over 16.5 years...
...late 2001, this ratio began to climb, and by 2003, it was soaring along with home prices, hitting 24.7 in 2005. In those days, you could get 24.7 years in a rental for the cost of a house. That was right about when Choe decided that renting looked like a steal...
...since the end of 2005, the price-to-rent ratio has been falling, thanks to the home-price implosion. Across major U.S. cities, the ratio is back to 17.4, practically its historical average. (If you wrap in rural areas, the figure is smaller and the trend less pronounced but still there.) "A year ago, it was a better deal to rent," says Andres Carbacho-Burgos, an economist at Economy.com "Now you have a significant number of areas, especially those hit the hardest by the correction, where, when you compare prices to rents, you'd be led to believe...
...guanciale, cured pig cheek, has gone viral. Leading the piggy parade is food writer Michael Ruhlman, who has challenged his blog readers to make a BLT from scratch - including homegrown lettuce and tomatoes and homemade bread - shoot a picture, submit it and win a prize: his latest book Ratio. (See pictures of what makes you eat more food...
Indeed, the current situation is stark. When people say there are no jobs out there, it's true. According to the Bureau of Labor Statistics, at the start of the recession in December 2007, the ratio of job seekers to job openings was 1.5 to 1. Now six unemployed workers chase every available job. It's a brutal game of musical chairs in which a great many people lose and spiral downward economically with disastrous consequences, not only for themselves and their families, but also for communities that were once productive and prosperous. (See pictures of life during the Great...