A gross return of 2.7% on an asset that is not likely to...

  1. Osi
    15,911 Posts.
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    A gross return of 2.7% on an asset that is not likely to appreciate anytime soon is BS.

    In a regional centre a newbuild costing $470K may return 4.5% gross with less downside risk. That's still BS but not quite so idiotic.

    Rent is cheap!
 
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