I read a comment in "The Big Short" by Michael Lewis (great book by the way!) along the lines of ... buy real estate at 10 times yearly rental sell at 20 ....
housing was at 30 just before the GFC in many places in the US (so it said) ... I did some numbers on my sheet of paper and it sort of made sense to me .. buy at 10 sell at 20 annual rental ... ??
Any comments ?
- Forums
- ASX - General
- real estate pricing
real estate pricing
-
- There are more pages in this discussion • 1 more message in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost