The commercial thread on low yields is very interesting. The propertytwinsTM have outlined their strategy with a broad 7% target. What do you target and why? When would you make an allowance, and what to? We know that 5% yields can be cash-flow positive, whereas 8% yields might still be negative, but what ballpark to you use? Personally, I haven't been particularly concerned (as all my PPORs have become IPS), but they are all sitting at above 5%, and in current conditions that's ok by me. For my personal strategy, a cash flow (and capital growth limited) option would have to yield 7%+, whereas I'd still be happy with 5%, or even less if I thought it had good growth prospect/potential. I'm also not particularly interested in yields at current market value, as in my view the purchase price and borrowings are fixed, and selling down minus the costs are not usually a (good) option (if better yields were thought achievable elsewhere). I hope there are some dissenting views or comments to help those of us who are trying to refine our plans for 2016!