It is important to note that RBC's measure is designed to gauge ownership costs associated with buying a home at present market values. (rbc.com)
(Sales multiples are useful as an indication of a company's present market value compared to peers. (inc.com)
Third, the value of a charitable gift for the purposes of a tax deduction is its present market value, not how much it cost the donor or its replacement cost. (educationnext.org)