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Hi every one,
thanks for the feedback. I think the compromise looks the answer. the wife is on a pension and the husband works a low income job. maybe just a new bathroom as it needs it badly and a fair rental increase would be a good compromise. the money saved from having a zero vacancy rate will help offset the lower rent.
thanks
Grim.
hi Tracy,
If it is the capital growth prompting you to sell I’d hold on. kal follows the resource sector and there is still plenty of activity there. if you are selling because the current value yield is lower now than when you bought perhaps a rent review is in order, rents in kal are growing because of a shortage of rental property. however if you simply want to get rid of your P.P.O.R. morgage that is a good reason in my book.[skull]