Hey guys ive being reading through this thread …can any1 explain to me what CPI + 1.5% is ? Thank you for excusing my inexperience of the lingo im new to this. Thanks again.
CPI is consumer price index.
Tysonboss1 was saying that he annually increases the rent by the CPI plus 1.5%.
Here is a link to look at what the CPI index is made up of.
http://www.abs.gov.au/ausstats/[email protected]/mf/6401.0/
Cheers
ElkaDoh;
I think the agent made a mistake but nevermind…
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