Property prices starting to unwind..., page-231

  1. Osi
    18,622 Posts.
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    23/06/18
    20:14
    Post #: 33906072
    A gross return of 2.7% on an asset that is not likely to appreciate anytime soon is BS.

    In a regional centre a newbuild costing $470K may return 4.5% gross with less downside risk. That's still BS but not quite so idiotic.

    Rent is cheap!
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