Thats exactly what I was looking for.

Looks like the average rent is between 0.25% and 0.5% max. Thats crazy cheap based on property value.

If a landlord was buying at current prices it would actually be hard to make any money based on those prices after he pays for the loan (or the money he loses by buying the property instead of investing) and pays all the property management expenses.

At the current market levels of rent and property value, if a landlord owned the properties free and clear, he would be far better off selling the property than renting it out.

Posted By: usacanary, May 18, 21:51:19