I was approached by a member of this forum advising me that they cannot comment back in this thread due to recent restrictions introduced on this...
We got carried away. So to re-iterate, I am in the process of collating correlation analysis results for median price / rent. Here is an initial...
Truth be told, the recent property boom gave birth to many "successful investors". You may have found yourself at the right place, at the right...
As you should regardless of any data given to you. Considering both properties passed your inspection checklist, what's the answer?
You are correct that correlation does not imply causation. It is evident now, based on the comments above, that there is no causal link between...
Consider this. You're researching 2 suburbs. They both meet your criteria and you found 2 very similar properties in both locations. You expect...
I am in the process of collating correlation analysis results for median price / rent. Here is an initial list of areas that will be assessed:...
Thanks, Clive. That's really helpful and all good points to consider. What about supply/demand for dwelling prices? Do you think this should be a...
Debbie, I certainly don't feel the need to explain myself to you or anyone else. Simply seeking opinions here from industry experts. If you...
Whereabouts in Sydney? I assume it is an investment property?
Not a uni assignment. I explained the purpose of this post in my comment to @Bunbury
I published this post in the Property Market Economics forum for a reason. If you understand Property Market Economics and can explain to me...
The purpose is to fine tune a statistical model. Unfortunately it is not possible to establish causality by statistical methods so one needs to...
Thanks everyone who posted and commented so far. It certainly looks like based on the comments in this thread, most believe that there is no...
P.s. This reminds me of a quote by Richard Feynman: "If you think you understand quantum mechanics, you don't understand quantum mechanics." If...
Decreasing yields does not mean that there is no correlation. It means that the rent increases at a slower rate than the median price. If you're...
Certainly not looking for a complex equation here that would describe how property market operates. Just need to prove or disprove causal link...
The charts show that median price and rent evolve together, except in some market conditions that I am attempting to establish in this discussion.
Thanks for the detailed response, Scott. On this point, aren't the 2 one and the same? Investors are attracted to the area because they know that...
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