Like New York, a lot of that has to do with low mortgage rates. According to Trulia, rates would have to climb to 7% or more for renting to be a better deal than buying a home. Of course, a lot depends on what part of the city you live in. Residents of Bel Air,...
Beta measures how much the individual stock's excess return (the amount it earns in dividends and capital gains compared with a short-term money market rate) varies in comparison with movement in the excess return of the market as a whole (usually represented by the market's benchmark index)...