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Rental Yields Before And After Last Crash

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what were rental yields in relation to house prices before and after last crash?

i have just read that 8-12% is decent yield which puts a £600 per month which should put a house at 60-90k, historically have these been the norm for rental yields?

it read that these properties have been fetching 160k at the peak. i totally agree with the £600 per month property being 160k peak. because that is about right for my area

it sounds right that if historically these were the normal yields then a 160k house must go back to 90k?

is this what happened in the last crash? in my area last crash they dropped 25% in a matter of weeks if this one is worse then its pretty sure to say drops of more than 25% are inevitable.

i read in the media about house prices being down 8% y.o.y and everybody on the forum talks about 20-30% by say 2010

i cant get my head round this because in my area they have dropped 15-20% already!

so am i right in thinking that anybody on the forum predicting 20-30% by say 2010 has little or no drop in prices in there area at the moment or are they basing there drops on what they read in the media ?

when are we collectively going to forget what we read cos we know its not true and just report it as it is on the streets

its just confusing everybody

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