Housing economist at Florida Atlantic University College of Business and co-author of the Beracha, Hardin & Johnson Buy vs. Rent Index.
Ken Johnson, Ph.D., is a professor and associate dean of graduate programs at Florida Atlantic University College of Business in Boca Raton, Fla. Johnson is a housing economist and co-author of the Beracha, Hardin & Johnson (BH&J) Buy vs. Rent Index, which attempts to answer one of the toughest questions American consumers face: Is it better to rent or buy a home in today’s housing market?
The quarterly index is designed to signal whether current market conditions favor buying or renting a home in terms of wealth creation over a fixed holding period in a particular market relative to historical market conditions and alternative investment opportunities. It examines the entire housing market in the United States and isolates the markets of 23 key cities.
Johnson’s collaborators in this ongoing independent research are Eli Beracha, Ph.D., assistant professor in the T&S Hollo School of Real Estate at FIU and William G. Hardin III, Ph.D., director of the T&S Hollo School of Real Estate at FIU’s College of Business. The BH&J Index is published quarterly and is available online at http://business.fau.edu/buyvsrent.