the morgan stanley charts revealed - oh dear, page-96

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    "Didn't say they couldn't "

    No, but you always fail to mention it so I thought I'd do it for you.

    "but the overall trend over time is up."

    But they only rise inline with wage inflation. The gains from rental increases are pathetic.

    "Also the magnitude of rent falls will be far less than any potential property price fall."

    Glad you finally acknowledge the magnitude of the situation.

    "Even with the remote chance of a 40% overall fall in the property market will not mean that rents fall 40%."

    You do understand what you just said right?
 
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