''You didn't factor in the rent you will be getting from the property or the rent you will be saving living there.''
That's true. I also didn't factor in rates, insurance, repairs, interest on the usual debt, agents fees etc. Just kept it simple to compare holding property as opposed to cash under those circumstances and it's a no brainer. If you were clearing $500 a week after expenses for rent, it would still be a 25%+ capital loss compared to cash.[before tax]
