Rich One
Registered
- Joined
- Jul 17, 2012
- Messages
- 10,046
- Likes
- 6,540
Clarin Reports that according to the Real Estate Board and Reporte Inmobiliario, the net rental income is 1,5 % per annum....!
http://www.ieco.clarin.com/economia/alquileres-renta-retorno-precios-inmuebles-Muscatelli_0_1245475495.html
The significant drop in the level of profitability that are experiencing rentals, is a source of frustration for both owners and potential investors.
It happens that the income level incessantly fell back and is now at a record low 3.3% per annum in gross income and 1.49% in net income, i.e. net of all the expenses that you pay to maintain a unit.
Statistics indicate that, looking at the statistical series since 1980, (except the year 2002) this is the worst moment of the past 34 years, since the date when data exists. "In 2001- 2002 revenues also fell much but it was something temporary (a few months) by the sudden devaluation and strong asymmetries between sales prices and rentals.
http://www.ieco.clarin.com/economia/alquileres-renta-retorno-precios-inmuebles-Muscatelli_0_1245475495.html
Google translation of pertinent paragraphs.
The significant drop in the level of profitability that are experiencing rentals, is a source of frustration for both owners and potential investors.
It happens that the income level incessantly fell back and is now at a record low 3.3% per annum in gross income and 1.49% in net income, i.e. net of all the expenses that you pay to maintain a unit.
Statistics indicate that, looking at the statistical series since 1980, (except the year 2002) this is the worst moment of the past 34 years, since the date when data exists. "In 2001- 2002 revenues also fell much but it was something temporary (a few months) by the sudden devaluation and strong asymmetries between sales prices and rentals.