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Oh I forgot, renos will increase yields but they also increase price. The value to a renovator is that the yield increase is only that because the price increase of the reno is a paper gain unless it is sold. Regards, Michael Croft

Hi Mike, Re rental growth and price growth, I haven't found much on it either but here are some thoughts. Rents reflect affordability and prices reflect serviceability and scarcity. Since affordability is closely related to wages growth it makes sense to assume that rents will grow at...