Investing report: Why property investments are overvalued without capital gains
26th Feb 10, 3:53pm
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Bernard Hickey delivers an investing report in association with BNZ on the ratio of median house prices to median rents which shows returns ranging from 4% to 5% before maintenance and rates.
This suggests residential property investment only makes sense if capital gains are made.
Our full Rent Ratio report and analysis is here >>
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