inclusion
Active Member
By that logic, I should throw the computer I'm typing on out the window.............afewwafsssssssssssssssssssssssssssssssss
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Edmonton Real Estate Market
- Thread starter Daveography
- Start date
IanO
Superstar
MacLac
Senior Member
Layman’s terms please Ian…..for those who do not understand “cap rates.”
policyenthusiast
Senior Member
edmonton & calgary doing good
MacLac
Senior Member
10-4!
kcantor
Senior Member
Capitalization rate (cap rate) is an estimate of an income-producing property's potential, unleveraged return on investment. It is calculated as:
Net Operating Income (NOI)÷Current Market Value/Price
It is an indication of the expected annual percentage yield if the property was purchased entirely with cash with NOI being the actual income in place on closing, not what it might be projected to be in the future.
David A
Senior Member
Hard to get away from large multi national businesses and Amazon is a good example of the type of company that does well in the liberal trading system we have, or perhaps I should say had.
I feel some people would call such business owners globalists or global elite, interestingly the owner has managed to ingratiate himself with the current US government, despite their supposed aversion to this.
IanO
Superstar
David A
Senior Member
Interesting, apartment condos have been up and down some but seem to be the only thing increasing in January.
David A
Senior Member
Is it cheaper to rent or own a home in Edmonton?
Edmonton’s relatively low-cost real estate market has homeowners coming out ahead financially of renters, new Zoocasa study shows.
edmontonjournal.com
thommyjo
Senior Member
This is why I get confused on Calgary vs Edmonton variances…. does this not show that the math “maths” for us to be seeing more projects?
David A
Senior Member
They have more people with money there willing to risk some of it, but that does not always mean they make good decisions.
policyenthusiast
Senior Member
Seems like there are a LOT of ownership costs not factored into their math here.Is it cheaper to rent or own a home in Edmonton?
Edmonton’s relatively low-cost real estate market has homeowners coming out ahead financially of renters, new Zoocasa study shows.
Tropical
Active Member
Well... that does seem to be how most people I know calculate ownership costs...
degrandprix
Active Member
One cost not included in the Zoocasa report is property taxes, which pushes the monthly expense higher for owners. Yet the study also did not include the ongoing advantage of paying down the principal with each mortgage payment.Is it cheaper to rent or own a home in Edmonton?
Edmonton’s relatively low-cost real estate market has homeowners coming out ahead financially of renters, new Zoocasa study shows.
How is this "study" even newsworthy then? These are two of the most obvious parts of the home ownership equation. Nice work Edmonton Journal..