Re:I need to find an apartment
by TillE on Saturday April 09, 2022 @01:42PM
(#30970140)
Dunno, it doesn't really make sense to me. Sale prices were around 20 years' of rent, so it seems like a great asset to hold. I assume they just wanted to cash out on rising prices.
[ Parent
| on HN ]
> Sale prices were around 20 years' of rent
That's the same thing as 5% yield right? (Just that that's the way around I usually hear it, might be a regional thing.)
That sounds like perhaps the high end of normal range, but not extraordinary?