Our area is differentRecently I have been looking at open houses in the cities of Sunnyvale, Cupertino, and Saratoga. Unfortunately, here is what the numbers say:median priced home > 9 * median household income2000 sq-ft home rents for: $3500 (sunnyvale) - $5000 (saratoga)If I run the numbers through the NYTimes rent vs. buy calculator I get that I will NOT be better buying for up to 30 years. Now if I point this out to the agents they tell me:a) This area is different and the multiples have always been greater.b) Renting has always been much cheaper than buying in this area.Is this true? What is the best way to convince REAs that rents for comparable homes is a reasonable way to determine the fair value of a property.October 21 2011 - US00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.