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rent or buy
by
sanjay
on Aug 08, 2006 03:24 PM
if rental value is less than 4 % of property value better to rent and use the savings to buy land/stocks and not contructed property.
With int rates at 10.75 WDV REIR (real effective interest rate ) would be 14.75 % and hence the property wont rovide adequae return.
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The above message is part of the Discussion Board:
When to rent, when to buy...