Saturday, September 21, 2013

Apartments as smart choice

RP Data has published a report comparing apartment prices to house prices in certain suburbs.  In my view, it is not particularly helpful.  For example, it compares houses in Chelmer (which are generally high quality houses on large blocks) with units in Chelmer (which are all 6 pack developments, mostly on a main road -- in fact, there are hardly any units in Chelmer).  Not a like for like comparison in my view, even in respect of location.

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