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RE: Ray Dalio's Economics Principles
Man I feel like I learned so much in that 5 minute read haha. I am at the point in my life where I will be buying a home in the next few years, but I believe there will be a downturn at some point which I would like to be on the correct side of. Thanks for sharing that info!
Thanks for reading! When it comes to buying homes, I will typically look at the current rental yields of the country. In my country, Singapore, the current rental yield is about 2.5%. Which makes it really unattractive in my opinion. But if you are buying a home for your own stay, then I guess there will be other factors to consider.
I will have used some online calculators to determine the own vs. rent scenario, but I will take a look into the rental yields as well. Thanks!