 In July 2008, "Forbes" magazine named Rose City Park the ninth most overpriced neighborhood in the country.This was based on a price-to-earnings spread comparing rental costs with buying costs for similar properties, based on number of bedrooms, location and price per square foot.A neighborhood with a high price-to-earnings spread is considered overvalued because a buyer is getting a low return based on costs and paying a huge premium to live in area relative to how much it would cost to rent a similar property there.