rpdata report out

  1. 104 Posts.
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    http://www.rpdata.com/images/stories/content/pressreleases/rpdatarismarkhomevalueindexsep30.pdf

    I like how they have added a gross return column and focused on talking about yield and gross return. They can spin all they want, it isn't going to work.

    "Strong rental growth rates combined with slowing dwelling value declines have seen home owners
    realise positive ‘total return’ growth in August (+0.2%)."

    "Like any other asset, property owners receive two
    forms of return: capital growth plus income (or rents).
    If you let your house, you receive rents in dollar terms. If
    you own your home, you save the market rent. This is the
    same as a business owning and occupying a building (it
    similarly saves on rental payments). The higher the market
    rent, the greater the saving (or “imputed rent”)."

 
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