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  1. BayView

    Where are the renters?

    You are assuming that everyone here is about to buy in an inner-city area tomorrow or today and cop the disgraceful rent yields on offer there and with 100% lends. This is an understandable mindset of an inner-city dwelling, renting, Gen Y'er. Am I close? There are a few that pop up here...
  2. BayView

    Where are the renters?

    aaah! but there's the rub; I have been able to manufacture my own property economics for the "Economy of Bayview". None of us really needs to be too worried by the overall outlooks. You don't need to look down the street and see only green lights before proceeding. What you need to be...
  3. BayView

    Where are the renters?

    And this would be a good thing for a free enterprise economy? I doubt it. One of the great things about our Country is the freedom and standard of living we enjoy right now. What's better than to be able to afford to buy a house somewhere out in the wide open spaces and go sit on yer...
  4. BayView

    Where are the renters?

    Rent is not dead money; but this is how most people think of it. But it is a cost of living. Now, if everyone was to rent and invest the difference between their rent and what they would pay into a mortgage into some other investment, then they would be better off. This has been proven in...
  5. BayView

    Where are the renters?

    If by "supply" you mean total amount of houses available for rent versus total rented, then this is an inaccurate assessment. It is inaccurate because many vacant bedrooms and houses are that way on purpose. The people who own them either like lots of room, or they might be a holiday house etc...
  6. BayView

    Where are the renters?

    I've seen this happen a couple of times already - periods of no growth. And then off it goes again for a while. Periods of no growth won't have a overly large impact on the market as a whole because most (residential) property transactions are by homeowners who either don't know about yields...
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