Normal
Even at $700,000 its still roughly half what the rent will be once you factor in rental increases.Who said you shouldn't maintain your property, maintaining the property is included in the ownership costs, when I said eventually the owners cost reduces down to about 20% of the cost of renting, property repairs etc are factored into that. Obviously if you feel an asset is grossly over valued, you don't buy it, none of my arguments were saying todays prices are good or bad, I was discussing the general theory behind ownership vs renting.and what's the interest rate you would be using to calculate the owners interest bill there?and how does that compare to the rental yield the renters are paying?
Even at $700,000 its still roughly half what the rent will be once you factor in rental increases.
Who said you shouldn't maintain your property, maintaining the property is included in the ownership costs, when I said eventually the owners cost reduces down to about 20% of the cost of renting, property repairs etc are factored into that.
Obviously if you feel an asset is grossly over valued, you don't buy it, none of my arguments were saying todays prices are good or bad, I was discussing the general theory behind ownership vs renting.
and what's the interest rate you would be using to calculate the owners interest bill there?
and how does that compare to the rental yield the renters are paying?
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
