"To create wealth a business has to produce something or provide a service at a investment yield greater than the rate of inflation.
Avg rental yield does not meet that criteria - even after you pay off your loan completely."
You are a broken record mate - at the end of the day you will own an asset paid for by the own assets income. It may not pay for itself in the early years but as I said those funds will be returned in the latter years.
"The snowjob of "the rent pays for the property" is what property spruikers use to lure in the naive."
And it can. The average measure is a very misleading measure - if you took the average of all investments in a particular investment class you would probably find no good investment to make.
"In the scenario in question the money will be repaid to you at less than the rate of inflation putting you even further behind."
