Do price-to-rent ratios vary by property type and location?

Yes

of course

Do price to earnings ratios differ among stocks based on industry type and geographic location? Duh.

Aren't we a helpful bunch!

So, how do studio price-to-rent ratios compare with two-bedroom price-to-rent ratios?

Content pls.

Where? In Manhattan or Queens? What part of Manhattan (or Queens?) Doorman or non-doorman? New or old construction? Coop or condo. You need to give US content.

In the same bld, compare studio to 2 bd via price per SF; variables include view, floor, condition, renovation, outdoor space, etc.

absolutely not. all units of residential housing - no matter location, type, quality, size or cost should EVER trade for anything other than 12x rent. I know b/c steve and rhino told me so.

p/r, like p/e, depends largely on what you think the growth rate of rents (and thus implicitly home values) will be.]

Thus high-growth industries sport higher average p/e ratios, while hot real estate markets have higher p/r ratios.

All else equal, what will appreciate faster?

Since 1990, according to miller samuel, here is the price appreciation from 1990 to 2009 in price per square foot for all coops and condos in Manhattan:

studios - 262%
1-254%
2- 250%
3-275%
4-329%

Probably, then, no statistical difference until you get to 4 beds, and those are probably skewed by the fact that they have been predominately high-end of late.

Hence the answer to your question is probably "no."

Thanks, jason.

Based upon historical appreciation there shouldn't be much difference between P/R ratios of studios and say three-bedrooms.

I wonder, though, if that is the reality as I have often seen a disconnect between theory and reality in finance.

My intuition is that P/Rs on three-bedrooms are lower than on studios as people don't tend to rent three-bedroom apartments. Lots of people rent studios, though. But only my intuition.

Au contraire. In manhattan lateley there is a SHORTAGE of 3 beds, especially in good school districts. So in Harlem or LES, I might say a 3 bed would be at a discount, but in BPC or Lincoln Sqor Lenox Hill, a premium to studios. Converserly, single people DON't want to live in certain places as much (so studios in the Village and Meatpacking might be at more of premium, all else equal, then say FiDi or LIC.)

Does the bmi index determine how much money your sugar daddy has?