Ten spots where buyers pay a huge premium to own relative to how much it would cost to rent.
In San Jose, Calif., home to Silicon Valley and some of the highest home values in the country, a bumper sticker reads, "Dear God, one more bubble before I die."
Chances are the car's driver lives in Willow Glen, a neighborhood with a small-town feel, Spanish-style single family homes and a main street with sidewalk cafes and locally owned shops. To live there, residents are paying the city's highest prices relative to what they could pay to rent similar properties in the same area. When you compare mortgage payments to the value of a similar home on the rental market, the price to buy is 26.1 times higher, one of the biggest differences in the country.
Willow Glen 95125: 26.1
Dallas 75209: 26.7
San Francisco 94122: 28.5
San Diego 92103: 30
West Hollywood 90038: 30.2
Seattle 98104: 30.3
Boston 02111: 30.5
New York 10013: 36.3
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Comment: San Jose 95129 31.0; Palo Alto 31.25; Sammamish 20.1
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