11 October 2006

Rent Vs. Rent: Gardens Vs. Clifton

Another hallmark of speculative bubbles is amateur investors trying desperately to cover their massive mortages with outlandish rents. Consider the following two properties without clicking on the links: A two bedroom apartment in Clifton or a 3 bedroom duplex apartment in Gardens. Which one do you think has the higer asking rent? Which one do you think was bought in the last two years?

No comments: