You can't look at PE's based on rent. The true PE is much higher than 25. Take into account expenses such as deprecation i.e. you have to spend to maintain the property etc. The PE is well over 30, a true bubble.
Buy property now...lol
- Forums
- ASX - General
- ## property bubble ## beware..!!!!
## property bubble ## beware..!!!!, page-15
Featured News
Featured News
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Matthew Kowal / Andy Burger, CCO / Head of E-Commerce
Matthew Kowal / Andy Burger
CCO / Head of E-Commerce
SPONSORED BY The Market Online