arg821 replied to the topic Property bust not here yet … worse to come in the forum General Property 17 years, 11 months ago
Originally posted by simple:
Some simple mathematics here, some one please correct me here as I cannot get my head around this!
IP in our area cost for example $300K has return of $300/w minus expenses land and running cost you get about 250/week if lucky. Which is about 4.5% return on capital.
If I put the same money on my bank account I get…[Read more]