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Interesting Article on World's Real Estate Markets

Started by jjh3d
over 17 years ago
Posts: 63
Member since: Nov 2007
Discussion about
Overvalued Rental yields are generally below 5% in most European cities, suggesting that property is still overvalued... Rental yields are between 4% and 5% in major cities such as  Brussels, Tokyo, Berlin, Moscow, Copenhagen, Warsaw, New York, Shanghai, Paris, London and Geneva. http://www.globalpropertyguide.com/press-relations/Most-expensive-real-estate-markets-in-2009
Response by nyc10022
over 17 years ago
Posts: 9868
Member since: Aug 2008

and considering rents are dropping in many places.... double whammy.

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