You have not gone far enough.
A big loss is imposed, and a new buyer found at a huge discount who then rents it out at what price they can get. Normally also a big drop to meet the market.
So, the rental goes on at a fairer price - or a price the economy can sustain. Oops there's that 6% figure cropping up again rather than 3%.
Reversion to the mean is a bitch. make sure you are on the right side of it.
I could be competitive on Alone so I don't worry about such stuff.
- Forums
- Property
- Landlords are Leaches
Landlords are Leaches, page-705
-
- There are more pages in this discussion • 515 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)