Quote:
Originally Posted by fws
Your statistics are out - 10 million to 60 million. It doesn't help a rational argument if you make things up.
Likewise you can't expect a permanent 10% rental return. Basic economics means that as prices rise, rental yields fall. You don't expect to get a 10% yield on future prices.
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Apologies for the making up but i wasn't. I thought these were the figures on top of my head as i read it somewhere but can't remember where ! Apologies for that.
And you are right about the 10% yield, hence the future fall in prices? Supply outstripping demand?