Thanks TerryYeah – as I said, confused.  I got me 'O' Level in Economics many aeons ago and thought I'd got the old demand/supply equilibrium thing down pat so quite how one can assert zero capital growth in this scenario is beyond me.  If anyone can help shed light on this I'd be very grateful!cheersDaveinbalmain

Hi NigelI'm a bit confused…………. if there's no capital growth why would you bother?  I've just crunched some numbers, in a very rudimentary way, on a car park for sale in Sydney CBD.  It's up for $140k.  The cost of financing this, including rates, strata charges and Sydney's $2k p.a. parking levy, if $392 per month more than the ad…[Read more]