"But they only rise inline with wage inflation. The gains from rental increases are pathetic."
That is your opinion - the increases add up to a significant change over time.
"Glad you finally acknowledge the magnitude of the situation."
Yes it isn't as bad as you always portray it!
"You do understand what you just said right?"
Yes I do falls in rents will likely be far less than the falls in property prices in the remote chance of huge market wide property price falls.
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the morgan stanley charts revealed - oh dear, page-97
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