##Y rental yield varies so widely across countries

  • National culture is one reason , like Chinese^American etc. Remember Damien of Macq, Pinsky of RTS.
  • I feel pTax and mortgage rate push up rental yield as they
    • affect supply side — suppressing rental home supplies
    • affect demand side — reducing viability of the “buying” option, therefore increasing the relative viability of “Renting” choice
  • inheritance tax law is another factor.
  • Aleris said traffic jam is another reason. BGC workers face huge daily commute if living outside.