Most of the value come from price appreciation, not rental;

just like we buy stock for price appreciation, not dividend. As long as price is going up, it's tradeable, and the price is depending on how much the price rise, not rental value. Just like P/E doesn't work for some stocks.

所有跟帖: 

to me, too much wishful thoughts.. -新手丙- 给 新手丙 发送悄悄话 新手丙 的博客首页 (6 bytes) () 04/27/2010 postreply 19:39:17

Bubble is for sure, but don't know when it got popped. -LAChinese- 给 LAChinese 发送悄悄话 (0 bytes) () 04/27/2010 postreply 19:46:53

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