When I look at the statistics on rent, it seems like the rent has consistently gone up (40-50%) in the last 10+ years, in most areas of NZ. Does that mean that the yield on the rental property has increase over the years? Does that make the rental a good buy, even if there is no or negative capital growth? Why do people talk about capital growth and yield (at the time of purchase), but not yield growth? Isn't that more important?
Thanks.
Thanks.
Comment