buy v rent...rp data finding, page-2

  1. 337 Posts.
    this is the good bit.............. "The methodology ignores many costs of ownership: maintenance, council rates, water and sewerage, land tax, body corporate levies, stamp duty, and legal and conveyancing fees.

    They represent a hefty proportion of the total annual expenses faced by owners that must be met from current income.

    A more realistic study would at least include an estimate of these costs, though the exclusion of these costs is not always made clear in mass media reporting."
 
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