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Sorry but I disagree here - of course we have a choice to buy the property in the first place! I'm saying that the purchasers who are buying properties at these levels are paying a 3yr average of 7% by choice, instead of renting at much lower cost (circa 3-4%). If a large slab of the...

????:confused: Rents are too low but they have maxed out? People can afford to buy houses at those prices on an average of 7% IRs over the last few years so they should also be able to afford to pay the rent on a 7% yield surely? Plenty of upside to rents IMO. In fact with credit not...