Money | Renters Lose Edge on Homeowners | WSJ

Eighteen year average of mortgage to payments compared to rents has trended around 125%. Mortgage costs blew through this trend line in 2003, peaked at 175% in 2006-2007 and returned to the trend in 2008. A composite of 79 metro cities in the trend. All real estate is local, of course, but regression to the mean is a powerful force. More correction is in store, I'm sure ... but the very worst may be behind us. One can always hope. Article.