damien
Rent is yeild on the value of your Asset.
why are you ignoring captial growth?
rent goes up with the increase in value of your assett
so if your house increase's in value, you then have more wealth tied in that assett to create that higher return
think of it like stocks, if i buy $300K of stock and I make $15K in a dividand thats 5%
if my stock price doubles its worth $600K and i make $30K in a dividend which is still 5%
