Sydney as a whole has grown by an average of 6.83% each year for the past 10 years, according to Residex in December last year” Source: http://www.yourmortgage.com.au/article/how-long-does-it-take-for-your-property-to-double-in-value-78819.aspx. Other things being equal, an increase in houses price with no change in expected rental growth indicates lower future returns to housing. True False
Sydney as a whole has grown by an average of 6.83% each year for the past 10 years, according to Residex in December last year” Source: http://www.yourmortgage.com.au/article/how-long-does-it-take-for-your-property-to-double-in-value-78819.aspx. Other things being equal, an increase in houses price with no change in expected rental growth indicates lower future returns to housing. True False
Essentials of Business Analytics (MindTap Course List)
2nd Edition
ISBN:9781305627734
Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Chapter7: Linear Regression
Section: Chapter Questions
Problem 18P: In 2011, home prices and mortgage rates fell so far that in a number of cities the monthly cost of...
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“Sydney as a whole has grown by an average of 6.83% each year for the past 10 years, according to Residex in December last year” Source: http://www.yourmortgage.com.au/article/how-long-does-it-take-for-your-property-to-double-in-value-78819.aspx. Other things being equal, an increase in houses price with no change in expected rental growth indicates lower future returns to housing.
True
False
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