Rental / Real estate bubble in parts of Santiago

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Is there a rental bubble in Santiago?

Yes
3
75%
No
1
25%
 
Total votes: 4

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Fugger
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Re: Rental / Real estate bubble in parts of Santiago

Post by Fugger » Mon Oct 15, 2012 10:51 am

And here is the Rental data (Las Condes apartments).
condo rentals las condes.png
condo rentals las condes.png (19.79 KiB) Viewed 1532 times
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Fugger
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Re: Rental / Real estate bubble in parts of Santiago

Post by Fugger » Tue Oct 16, 2012 9:17 am

Last one on this thread:

Rental yields for Las Condes apartments. Based on these results, rental yields seem very healthy especially for DFL-2 apartments. This may suggest a rental bubble rather than a price bubble at this stage.
las condes rental yields.png
las condes rental yields.png (17.82 KiB) Viewed 1530 times
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otravers
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Re: Rental / Real estate bubble in parts of Santiago

Post by otravers » Tue Oct 16, 2012 10:19 am

This seems in line with current rental yields in the US at the moment. Why describe it as a bubble? What catalyst will suddenly let renters buy the properties they live in? First people will have to stop living paycheck to paycheck and stop buying everything in 12 installments (thus paying 150%+ of retail price). If renters cannot or will not build up capital for a downpayment, high rental yields may have a future.

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Fugger
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Re: Rental / Real estate bubble in parts of Santiago

Post by Fugger » Thu Oct 18, 2012 3:10 pm

Some interesting perspective on rental markets from FT Alphaville:

http://ftalphaville.ft.com/2012/10/18/1 ... al-market/
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Andres
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Re: Rental / Real estate bubble in parts of Santiago

Post by Andres » Fri Oct 19, 2012 5:28 pm

Wouldn't the purchase costs and rental prices graphs be more valuable if the number of bedrooms were known?
Don't people tend to first consider how many bedrooms they want intending to buy or rent an apartment?
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