Dhuy
that is hilarious
so, when your property is worth $1,000,000 in the next couple of years you will be charging rent at 11%?
who is going to be able to afford $110K P.A rent when they are only earning $50K+ lol
even if your house is worth $330K who is going to be able to afford $33K rent
your just silly and foolish, when has rent ever been that high? if it was people would just buy. which they do. this happens at the bottom of the housing cycle not at the top.
rent rises at the end of the cycle when housing starts getting sold and the rental propertys are not as available bcause they are being sold, has nothing to do with the interest rate rises
For somone who sounds like they are investing most of their eggs if not all in the one basket you really know nothing about property.
God help you
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