oh ye conservative Americans! 100 times monthly rent would be a rental
yield of 12%, wouldn't it? Mug punters in London are still stepping up to
the plate to buy investment properties at yields of 5-6%!
dd
As if refuting the bubble once and for all was not enough, the bumf goes on
to put
What did Cockburn's father say? Don't believe anything until it is officially
denied.
--
Michael Perelman
Economics Department
California State University
[EMAIL PROTECTED]
Chico, CA 95929
530-898-5321
fax 530-898-5901
