QUOTE (Turin Machine @ May 29 2017, 08:34 PM)
Yup, it's called intelligent investment.
For you. yes it's a good return. Logical yes, and if you think about it, the decision was common sense so relatively little intelligence was needed.
I wonder just how good it stays as your tenants real earnings start to dip and indeed the building industry catch up and provide many more new homes. It's a risk worth taking I'm sure, but it's there nonetheless.
Still, make hay whilst the Sun shines, because as we are seeing from recent Budgets, the treasury wonks don't see this situation as intelligent economics for the Country.