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Updated almost 6 years ago on . Most recent reply

User Stats

33
Posts
4
Votes
Erik Pilon
  • Rental Property Investor
  • Dubai, Dubai
4
Votes |
33
Posts

How far from a city would people be willing to rent?

Erik Pilon
  • Rental Property Investor
  • Dubai, Dubai
Posted

MoneySense says Brentford is the best choice for investing in 2018.

Costs are ok-ish in the 250,000 - 350,000 range for a 2-3 multi family.

But if I was looking for 150,000 while finger-crossing to stick with the “1% rule”, I’d be in the outskirts.

Then I got thinking “how far away are people actually willing to stay from a major city, and rent rather than buying?”

Thoughts?

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