Hi Reader, Max here. Price-to-rent is one of the simplest and most widely used benchmarks to compare housing valuations across markets. It’s a useful first-pass metric to see whether a market leans more toward yield-driven returns or appreciation-driven returns. Today I’m sharing a quick snapshot of how global cities look on this metric (UBS 2025), so you can put Uruguay (Montevideo / Punta del Este) into perspective. Lets dive into it ⤵️ What “price-to-rent” actually means Price-to-rent =...