United Kingdom
Hong Kong
ref Reddit - Equity vs Real Estate: https://www.reddit.com/r/investing/comments/7n79zz/equity_vs_real_estate/
| Country | Estate | Stock | Sources |
|---|---|---|---|
| UK | House Price Index | FTSE 100 | Nationwide, Yahoo Finance |
| HK | House Price Index | Hang Seng Index | HK GOV, Yahoo Finance |
| USA | House Price Index | S&P 500 | Yahoo Finance |
| JPN | House Price Index | Nikkei 225 | Yahoo Finance |
Assumptions (Estate)
Average Initial Down Payment 20 %
Average Initial Debt (Mortgage) 80 %
Average Mortgage Length 22.5 yrs
Buying Costs 2 %
Selling Costs 6 %
Average Rental Yield 9 %
Average Rental Cost 5 %
Average Net Rental Yield 4 %
Normalization
Normalized = Original[i] / Original[0]
Value increased depends on the year of normalized value (1.0)
- Adjust estate value by tax, fees and rental
- Normalize value each year, compare earnings